Todd ShriberInvestorPlace Contributor
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Wells Fargo stock is one of the more downtrodden banks and that's saying something. The near-term outlook is murky at best.
On July 30, the Bellagio operator delivered second-quarter results that were more dismal than expected and that's saying something because with commercial casinos across the U.S shuttered large parts, or in some cases, all of the June quarter, the earnings bar is low for the gaming industry. MGM said it lost $1.67 a share on revenue of $289.81 million in the April through June period. Analysts expected a loss of $1.60 on turnover of $408.95 million.