US Stocks That Surged Higher This Week: $PENN $PLUG $CZR

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Penn National Gaming, Inc reopens 90% of gaming and racing properties Free-Report/PENN

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Penn National Gaming, Inc (NASDAQ:PENN) pullulated 9.86% since last Monday. As the economies start re-opening now and the herd immunity seems to be pinning down COVID-19 to some extent, Penn has also announced that as many as 90% of its gaming and racing properties have re-started operations. The company, a few weeks ago, announced that 37 out of 41 properties are now completely functional and under-operations in 17 of the 19 states in the country.

On July 8, Penn National Gaming had re-opened its most recent property, Plainridge Park Casino based in Massachusetts, followed by Hollywood Casino Bangor, which started its operations on July 10.

What's in store for Plug Power Inc in second quarter? Free-Report/PLUG

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The leading provider of zero emission hydrogen engines and fueling solutions, Plug Power Inc (NASDAQ:PLUG) collected 9.70% over the last one week. The company is expected to release its second quarter financial results on August 6, 2020.

The company is known for its innovation in electric motors power, which works with hydrogen fuel cells. Interestingly, even before the pandemic, there had been a shift in the way people use power, with a primary focus on addressing climate change. The pandemic has put companies like PLUG in limelight, in an attempt to bring out sustainable development based technological advancement.

Caesars Entertainment Corporation and Eldorado Resorts receive regulatory approvals to close merger deal Free-Report/CZR

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Caesars Entertainment Corporation (NASDAQ:CZR) stock accentuated over a period of last week as it went north 8.34%. On July 18, the company, along with Eldorado Resorts, Inc. (NASDAQ: ERI) announced that the two companies are given all necessary regulatory approvals by the New Jersey Casino Control Commission so as to go ahead with pending acquisition/ merger.

The deal calls for Eldorado Resorts to take over Caesars Entertainment Corporation, subject to the conditions, which have now been approved by the regulatory bodies.

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