Wynn Resorts Ltd. has been attracting attention with several important events taking place. The company has seen some significant stock activity, with Pacific Heights Asset Management and Assenagon Asset Management notably decreasing their stock positions, while others like Raymond James & Associates and Exchange Traded Concepts LLC boosted theirs. Over 62% of Wynn's shares are owned by institutional owners. There is news of Wynn forfeiting $130M under federal investigations related to illegal transactions. Reports hint at an uneven performance compared to competitors, as some suggest the company's stock is underperforming, while others claim the contrary. A Q3 earnings release is forthcoming, with analysis predicting various outcomes. The company has made strides in international expansion, and was notably the recipient of UAE's first gambling license. A significant development in the news hints at Wynn Resorts preparing a private offering of $800 million senior notes due 2033. The company had to settle a class-action lawsuit for $70M.
Wynn Resorts Ltd WYNN News Analytics from Wed, 07 Feb 2024 08:00:00 GMT to Sat, 02 Nov 2024 12:30:58 GMT -
Rating 0
- Innovation 2
- Information 6
- Rumor -6
