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Experts have mixed opinions on WYNN-Q, with one expert expressing concern over the impact of China's economic weakness on the company's Macau operations, while another expert sees the recent revenue and earnings beat as positive indicators. One expert took profits, citing caution due to Covid in China, while another was surprised by the stock's downward movement despite an impressive quarter. Overall, the company's Macau and Las Vegas operations are performing well, but there is some apprehension about the potential impact of China's economic conditions.
Took profits, up 60%. Simply profit-taking. The company is doing a great job. Covid in China is worry, so she's being cautious. She may buy this again.
Their quarter 2 weeks ago was unbelievable! And yet, shares went down after that.
Their Macau and Las Vegas operations are killing it.
Wynne enjoys a core group on consumers who will go to their casinos and any spending online in sports betting adds to that.
Wynne Resorts Ltd. is a American stock, trading under the symbol WYNN-Q on the NASDAQ (WYNN). It is usually referred to as NASDAQ:WYNN or WYNN-Q
In the last year, 4 stock analysts published opinions about WYNN-Q. 3 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Wynne Resorts Ltd..
Wynne Resorts Ltd. was recommended as a Top Pick by on . Read the latest stock experts ratings for Wynne Resorts Ltd..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
4 stock analysts on Stockchase covered Wynne Resorts Ltd. In the last year. It is a trending stock that is worth watching.
On 2024-04-26, Wynne Resorts Ltd. (WYNN-Q) stock closed at a price of $95.89.
Down 14% this month, because of concerns over China. Remember, there was very little activity in Macau because of Covid, so things can't get worse than that. Sure, China's general economic weakness could have an effect on Wynn Macau. Numbers show that Macau is bouncing back. WYNN just reported a revenue beat and huge earnings beat.