--- title: "Stock Market Today, May 28: Caesars Entertainment Jumps After Fertitta Entertainment Agrees to Acquire Company for Cash" type: "News" locale: "en" url: "https://longbridge.com/en/news/287977413.md" description: "Caesars Entertainment (NASDAQ:CZR) shares rose 1.04% to $29.08 after Fertitta Entertainment agreed to acquire the company for $31 per share in cash. Trading volume surged to 86.9 million shares, significantly above the average. Analysts suggest holding shares until the deal closes, despite a potential for higher offers during the go-shop period ending July 11, 2026. The Motley Fool's Stock Advisor did not include Caesars in its top 10 stocks for investment." datetime: "2026-05-28T22:05:33.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287977413.md) - [en](https://longbridge.com/en/news/287977413.md) - [zh-HK](https://longbridge.com/zh-HK/news/287977413.md) --- # Stock Market Today, May 28: Caesars Entertainment Jumps After Fertitta Entertainment Agrees to Acquire Company for Cash **Caesars Entertainment** (NASDAQ:CZR), which operates casinos and resorts across the U.S, closed Thursday at $29.08, up 1.04%. The stock is rising after news broke that Fertitta Entertainment agreed to acquire Caesars for $31 per share in cash. Investors are watching whether the price converges toward the proposed deal value. Trading volume reached 86.9 million shares, about 1,324% above its three-month average of 6.1 million shares. Caesars Entertainment IPO'd in 2014 and has grown 106% since going public. ## How the markets moved today The **S&P 500** added 0.57% to finish at 7,563, while the **Nasdaq Composite** gained 0.91% to close at 26,917. In the casino & gaming industry, peers **MGM Resorts International** closed at $42.93 (+2.34%), and **Wynn Resorts** finished at $101.54 (+0.32%) as traders assessed renewed sector M&A interest. ## What this means for investors After months of speculation, it looks like we may be nearing Fertitta Entertainment’s acquisition of Caesars Entertainment for $31 in cash per share. While Caesar’s board unanimously approved the deal, there is a go-shop period in place until July 11, 2026, which lets the company solicit higher offers from other suitors. This potential for a higher offer -- paired with a $2 gap between today’s CZR share price and the acquisition price -- has some analysts urging investors to hold their shares until the deal closes. That said, regulators may require divestitures as part of the deal, so shareholders should weigh whether they want to face that risk or accept the stock’s 24% year-to-date increase. ## Should you buy stock in Caesars Entertainment right now? Before you buy stock in Caesars Entertainment, consider this: The _Motley Fool Stock Advisor_ analyst team just identified what they believe are the **10 best stocks** for investors to buy now… and Caesars Entertainment wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when **Netflix** made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, **you’d have $471,072**!\* Or when **Nvidia** made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, **you’d have $1,303,352**!\* Now, it’s worth noting _Stock Advisor’s_ total average return is 983% — a market-crushing outperformance compared to 210% for the S&P 500. **Don't miss the latest top 10 list, available with _Stock Advisor_, and join an investing community built by individual investors for individual investors.** **See the 10 stocks »** _\*Stock Advisor returns as of May 28, 2026._ _Josh Kohn-Lindquist has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy._ The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. ### Related Stocks - [CZR.US](https://longbridge.com/en/quote/CZR.US.md) - [BJK.US](https://longbridge.com/en/quote/BJK.US.md) - [BETZ.US](https://longbridge.com/en/quote/BETZ.US.md) - [ESPO.US](https://longbridge.com/en/quote/ESPO.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [MGM.US](https://longbridge.com/en/quote/MGM.US.md) - [WYNN.US](https://longbridge.com/en/quote/WYNN.US.md) - [NFLX.US](https://longbridge.com/en/quote/NFLX.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NDAQ.US](https://longbridge.com/en/quote/NDAQ.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [Caesars Entertainment (NASDAQ:CZR) Downgraded to Hold Rating by Capital One Financial](https://longbridge.com/en/news/293751102.md) - [BREAKINGVIEWS-Caesars deal doubles down on repeat bettors](https://longbridge.com/en/news/287951386.md) - [Casino publishes H1 2026 financial data estimates presentation](https://longbridge.com/en/news/294316824.md) - [Inspired Entertainment (INSE) Projected to Announce Quarterly Earnings on Thursday](https://longbridge.com/en/news/294335306.md) - [Bank of New York Mellon Corp Has $17.23 Million Stock Position in Sphere Entertainment Co. $SPHR](https://longbridge.com/en/news/294319490.md)