International Game Technology (IGT) Is Sinking After Q1 Earnings Miss

International Game Technology (IGT) reported first quarter EPS of $0.29 Thursday morning, down from $0.57 a year ago. Analysts expected EPS of $0.48.

International Game Technology gapped open lower Thursday and has dropped sharply in early trade. Shares are now down 3.48 at $17.53 on above average volume. The stock has tumbled to nearly a 52-week low.

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