Galaxy Entertainment Group Stock Slides 4.5% in Hong Kong, Underperforms Competitors

Dow Jones10-22

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of Galaxy Entertainment Group Ltd. slid 4.5% to 31.50 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 3.0% to 22934.68.

This was the stock's third consecutive day of losses.

Galaxy Entertainment Group Ltd. closed 29% below its 52-week high of HK$44.22, which the company achieved Feb. 24.

The stock underperformed when compared to some of its competitors, as Wynn Macau Ltd. fell 3.9% and Sands China Ltd. fell 4.5%.

Trading volume totaled 23.6 million shares, compared to the 50-day average of 13.5 million shares.

Data source: Dow Jones Market Data, FactSet

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