- HSBC Holdings PLC increased its stake in Red Rock Resorts, Inc. by 168.3%, holding 86,798 shares valued at approximately $4.64 million as of its latest SEC filing.
- Various institutional investors also adjusted their positions, with significant increases from firms like Rockefeller Capital Management and PNC Financial Services Group.
- Red Rock Resorts reported earnings of $0.73 per share, missing estimates, while projecting a fiscal year EPS of 1.52, with a consensus rating of "Moderate Buy" among analysts.