Late last week Las Vegas Sands (LVS -0.92%) admitted that it likely violated the Foreign Corrupt Practices Act, although it was mum on what the exact violations are. But is this a reason to sell the stock when Macau's gaming numbers are only getting better? Alison Southwick sat down with analyst Travis Hoium to get the answers.
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Corruption Violations Not a Reason to Sell Las Vegas Sands
By Travis Hoium
–
Mar 5, 2013 at 11:54AM
NYSE: LVS
Las Vegas Sands
Market Cap
$34B
Today's Change
(-0.92%) -$0.42
Current Price
$45.46
Price as of April 19, 2024, 4:00 p.m. ET
Las Vegas Sands admitted that it likely violated the Foreign Corrupt Practices Act, but that's not a reason to sell the stock.
Fool contributor Travis Hoium has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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