Boyd Gaming Corp. (BYD) Pops 20% on Earnings, Project Delay, Stock Buyback

Shares of Boyd Gaming Corp. (BYD), a domestic casino operator with properties in six states, are trading 20% higher today after announcing Q2 financial results and the suspension of plans to begin construction of a huge Las Vegas development that investors feared would strain Boyd’s capital position. The company also announced the authorization of a $100-million share repurchase program.