Wynn Resorts Stock News

LAS VEGAS--(BUSINESS WIRE)--Wynn Resorts, Limited (NASDAQ: WYNN) ("Wynn Resorts" or the "Company") today announced additions to its investor relations team, deepening the Company's focus on this important function. Price Karr is assuming the position of Senior Vice President of Investor Relations, leading Wynn Resorts' investor relations team, in addition to his current roles as Senior Vice Pre...

Moody's signaled the casino operator's credit rating could rise.

RAS AL KHAIMAH, United Arab Emirates--(BUSINESS WIRE)--Wynn Resorts, Limited (WYNN) offered an update today on the construction progress of its newest resort, Wynn Al Marjan Island, the first integrated resort in the United Arab Emirates. Wynn Al Marjan Island is located 50 minutes from the Dubai International Airport in the emirate of Ras Al Khaimah. Construction has proceeded as planned with ...

The decline in Wynn shares since "soft" 3Q results opens up an opportunity to buy undervalued assets. The actual numbers cited in 3Q are marginal declines that fit the historic trading pattern of the stock. The key here has always been resiliency  and superior assets.

Billionaire Tilman Fertitta has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the Securities and Exchange Commission. The filing indicates a passive position, though multiple people familiar with the matter tell CNBC they suspect Fertitta will be demanding.

I believe Wynn Resorts' recent price drop may present a buying opportunity, despite soft Q3 earnings, as the company remains fundamentally strong. Buying assets cheaply insulates against market volatility; Wynn's shares were inexpensive when I bought, mitigating the impact of recent earnings. The latest financial results are decent in a historical context, but the stock isn't objectively cheap ...

Wynn is losing market share in Macao, the biggest gaming market in the world.

Shares of Wynn Resorts (WYNN) slumped Tuesday after the hotel and casino operator posted third-quarter results that missed analysts' estimates as its Las Vegas operations slowed.