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Midday Movers: Las Vegas Sands, Amazon.com, AMC Entertainment and More

By Liz Moyer

Investing.com -- U.S. stocks fell again on Monday on worries about a global recession. Here are the midday movers for Sept. 26:

  • Las Vegas Sands Corp (NYSE:LVS) stock jumped 12%, as did shares of Wynn Resorts Limited (NASDAQ:WYNN), after China's gambling hub Macau said it would open to group tours in November and would offer e-visas to visitors once again. MGM Resorts International (NYSE:MGM) shares rose 1%.
  • Amazon.com Inc (NASDAQ:AMZN) shares rose 1.4% after the e-commerce giant announced a second sale for Prime members next month, with special offers on toys, electronics and other products as it tries to kick-start the holiday shopping season.
  • AMC Entertainment Holdings Inc (NYSE:AMC) shares fell 7.7% after reports the movie theater chain operator planned to sell as much as 425 million of its preferred APE shares.
  • Macy’s Inc (NYSE:M) shares fell 3.5% after the department store operator said it would hire 41,000 workers for the holidays, about half as many as last year.
  • PG&E Corp (NYSE:PCG) shares rose 1% after word the utility operator would be added to the S&P 500 next month, replacing Citrix Systems (NASDAQ:CTXS). Citrix shares were flat.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 76.3% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.