SkyCity Entertainment Group is trading at a record low and most analysts aren’t backing the house to turn things around.
The shares closed at $1.04 on Thursday, matching the intraday record low they hit earlier in the week and valuing the owner of Auckland’s downtown casino at $790.6 million, a far cry from the near-$3.4 billion market capitalisation SkyCity peaked at in 2016.
That peak was ...
