NEW YORK, NY / ACCESSWIRE / November 27, 2018 / Wall Street closed up on Monday as oil prices stabilized and giant tech stocks such as the FAANG (Facebook, Amazon, Apple, Netflix
"Some of these names needed to bounce a bit," Feygin added.
The Market Edge Initiates Coverage on:
Wynn Resorts, Ltd.
Las Vegas Sands Corp.
Wynn Resorts’ stock jumped 6.89% Monday, to close the day at $111.52. The stock recorded a trading volume of 2,741,831 shares, which was below its three months average volume of 3,019,514 shares. In the last year, Wynn Resorts’ shares have traded in a range of 92.50 - 203.63. The share price has gained 20.56% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $107.46 is below its 200-day moving average of $146.36. Shares of the company are trading at a Price to Earnings ratio of 19.68. Shares of Wynn Resorts have gained roughly 10.95 percent in the past month and are down 33.85 percent year-to-date.
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On Monday, shares of Las Vegas Sands recorded a trading volume of 6,796,154 shares, which was above the three months average volume of 5,359,406 shares. The stock ended the day 7.29% higher at $54.44. The share price has fallen 33.16% from its 52
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The Market Edge
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SOURCE: The Market Edge