A multitude of recent developments from Wynn Resorts Ltd offers a mixed outlook for the company. An expansion into the UAE is noted alongside purchasing activity, including Swiss National Bank selling its stake, and new stakes being acquired by OVERSEA CHINESE BANKING Corp Ltd and AGF Management Ltd. There are also assertions of a potential undervaluation of Wynn Resorts. The company has posted its Q4 and year end 2024 results, and other recent transaction activity includes the purchase of shares by Blueshift Asset Management and Picton Mahoney Asset Management, and sales by Fisher Asset Management and Amundi. Wynn Resorts has also made a significant acquisition with Crown London from Crown Resorts. Other notable events include an adjusted price target from Morgan Stanley and a significant ownership stake taken by Tilman Fertitta. Lastly, Wynn Resorts is reportedly set to forfeit $130M in a deal with the feds over illegal transactions.
Wynn Resorts Ltd WYNN News Analytics from Tue, 03 Sep 2024 07:00:00 GMT to Sat, 22 Mar 2025 18:17:53 GMT -
Rating 2
- Innovation 5
- Information 8
- Rumor 4
