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Markets have been fighting to stay in the green over the last few days given concerns about interest rates and the broader market. This has made for very few Rippers as stocks have remained suppressed:

⏰ Today’s biggest Ripper is American watchmaker Movado. The company radically exceeded the Q4 earnings, delivering nearly double the expected earnings per share than was estimated. This came even as revenue dipped for the company. The surprise caused $MOV to rise 18.6% today.

🍽 Darden Restaurants, owner of Olive Garden, LongHorn Steakhouse, and a handful of other full-service dining restaurants, was the strongest performer in the S&P 500 today. $DRI rose 8.2% today after announcing a strong earnings beat and higher forecast revenue for next quarter.

🎮 Bally’s Corporation was featured on our Rippers list several months ago after announcing their partnership with Sinclair Broadcast Group, which bought 21 FOX Sports regional channels. Today, $BALY is ripping once again on the news that they were selected as a finalist to develop a casino resort in Virginia. This is a big deal for the company, which already owns 12 resorts and racetracks and is looking for a thirteenth. $BALY is up 8%.

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Noah Weidner

Noah Weidner is a restless self-starter with a vehement interest in all things that make the world go around: culture, politics, economics and all the people in between. He writes the Bullish Rippers series and covers other interesting trends and happenings at Bullish.

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Ballys Corporation logo

Bally's Corporation currently owns and manages 11 casinos across seven states, a horse racetrack and 13 authorized OTB licenses in Colorado. With more than 5,900 employees, the Company's operations include 13,260 slot machines, 459 game tables and 2,941 hotel rooms. Following the completion of pending acquisitions, which include Tropicana Evansville (Evansville, IN), Jumer's Casino & Hotel (Rock Island, IL), and MontBleu Resort Casino & Spa (Lake Tahoe, NV), as well as the construction of a land-based casino near the Nittany Mall in State College, PA, Bally's will own and manage 15 casinos across 11 states. Its shares trade on the New York Stock Exchange under the ticker symbol 'BALY.'

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