The parent company’s shares plunged when trading opened Monday, finishing the day down almost 16 percent. On Tuesday, the stock rose 3 cents to $6.38 at 1:32 p.m. in New York, after climbing as much as 4.6 percent earlier in the session.

The bankruptcy is In re Caesars Entertainment Operating Co. Inc., 15-01145, U.S. Bankruptcy Court, Northern District of Illinois (Chicago).

This article was provided by Bloomberg News.

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