Codere Online Luxembourg (NASDAQ:CDROW) Stock Price Down 16.2% – Here’s Why

Codere Online Luxembourg, S.A. (NASDAQ:CDROWGet Free Report) shares fell 16.2% on Monday . The stock traded as low as $0.9586 and last traded at $0.8210. 2,022 shares changed hands during trading, a decline of 86% from the average session volume of 14,388 shares. The stock had previously closed at $0.9799.

Codere Online Luxembourg Stock Down 15.4%

The stock has a 50 day simple moving average of $0.80 and a 200 day simple moving average of $0.75.

About Codere Online Luxembourg

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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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