Wynn Resorts Ltd (WYNN) has experienced an eventful period with a series of ups and downs. The company's shares performed less positively than its competitors on some days, while outshining others on different days. Major transactions of Wynn's shares by Citigroup Inc and Bridgewater Associates LP were noteworthy. Q3 2024 results and earnings missed estimates thus analysts revised their forecasts lower. Amid these mixed performances, executive changes were announced and billionaire, Landry CEO, Fertitta, has emerged as the largest individual shareholder. The stock faced challenges with Q2 and Q3 earnings missing estimates and the company undergoing legal and regulatory difficulties. However, positive news from Macau and an ongoing construction project in the UAE - Wynn Al Marjan Island - offered bright spots. In addition, the declared quarterly dividend and Fertitta's increased stake suggest an optimistic future.
Wynn Resorts Ltd WYNN News Analytics from Fri, 23 Feb 2024 08:00:00 GMT to Sun, 01 Dec 2024 00:38:00 GMT -
Rating -3
- Innovation 1
- Information 5
- Rumor 1
