Codere Online Luxembourg (NASDAQ:CDROW) Shares Up 2.6% – Should You Buy?

Codere Online Luxembourg, S.A. (NASDAQ:CDROWGet Free Report) rose 2.6% on Monday . The stock traded as high as $0.74 and last traded at $0.7440. Approximately 9,025 shares changed hands during trading, a decline of 1% from the average daily volume of 9,096 shares. The stock had previously closed at $0.7250.

Codere Online Luxembourg Price Performance

The company has a 50 day simple moving average of $0.80 and a 200-day simple moving average of $0.86.

Codere Online Luxembourg Company Profile

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Codere Online Luxembourg SA (NASDAQ: CDROW) is a holding company established to consolidate and manage the digital gaming and sports-betting operations of Grupo Codere, one of Europe’s longstanding gaming enterprises. Headquartered in Luxembourg, the company oversees a portfolio of online platforms that deliver interactive wagering and casino experiences through desktop and mobile channels. It trades as an American depositary receipt on the Nasdaq, broadening its investor base while adhering to U.S.

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