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The stock has lost 14.8% over the past month and 42.2% over the past six months to close yesterday’s trading session at $36.75. In addition, it is currently trading 45% below its 52-week high of $66.77, which it hit on March 3, 2021. LVS is also currently trading below its 50-day and 200-day moving averages of $39.87 and $50.48, respectively, indicating that it is in a downtrend. Also, it could keep losing in the upcoming months due to travel restrictions and reduced visitation across several parts of the world, such as Macao. So, LVS’ near-term prospects look bleak.
Here’s what could shape LVS’ performance in the upcoming months:
