Wynn Resorts (WYNN) in Focus: Stock Moves 9.6% Higher

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Wynn Resorts, Limited WYNN was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $69.05 – $92.00 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen two negative estimate revisions in the past month, while its Zacks Consensus Estimate for the current quarter has also moved lower in the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Wynn Resorts currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Wynn Resorts, Limited Price

Wynn Resorts, Limited Price
Wynn Resorts, Limited Price

Wynn Resorts, Limited price | Wynn Resorts, Limited Quote

A better-ranked stock in the Gaming industry is Caesars Entertainment Corporation CZR, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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