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StumbleLV gaming company’s stock on a roller-coaster ride
Wednesday, Dec. 27, 2000 | 11:07 a.m.
The stock of Mikohn Gaming Corp. of Las Vegas continued its roller-coaster ride this morning as investors reacted to Tuesday's announcement that the company is restating its financial results.
Mikohn stock traded this morning at $2.63, down 81 cents from its Tuesday close of $3.44.
Mikohn's stock fell 25 percent to $3.06 Tuesday morning when it announced it would delay recognition of a $4.3 million gain from the sale of an interest in its subsidiary in Australia. The Nasdaq Stock Market then halted trading in Mikohn stock for a few hours.
The stock increased when trading resumed, but fell again this morning.
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