Wynn Resorts, Limited (WYNN) has shown a mix of performance patterns lately. There are reports of shares being sold by investment firms like
Diametric Capital LP,
Prudential Financial Inc, and
Vanguard Group Inc. Its stock has hit a 52-week low at $68.61 following a recent US$1.4b drop. However, it's asserted that despite this, as compared to the NASDAQ, Wynn's shares may not be underperforming. In fact,
Jim Cramer has shown support for the company, and there was insider buying from billionaire Tilman Fertitta. Investments have been made by numerous firms such as
Norges Bank,
BIT Capital GmbH, and
Parametrica Management Ltd. The company reported new records in Las Vegas growth and confirmed a strategic expansion into the UAE. There were also significant developments like
oversubscription, the nomination of
Anthony Sanfilippo to the Board of Directors, and the acquisition of Crown London from Crown Resorts. Additionally, Wynn Resorts have earned the
most Forbes Travel Guide Five-Star Awards of any independent hotel company.
Wynn Resorts Ltd WYNN News Analytics from Fri, 06 Sep 2024 07:00:00 GMT to Sun, 06 Apr 2025 00:59:10 GMT -
Rating -1
- Innovation 3
- Information 5
- Rumor 6
