Company Shares of Wynn Resorts Limited (NASDAQ:WYNN) Drops by -2.22%

Wynn Resorts Limited (NASDAQ:WYNN) : During the past 4 weeks, traders have been relatively bearish on Wynn Resorts Limited (NASDAQ:WYNN), hence the stock is down -12.07% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.46% relative to the S&P 500. The 4-week change in the price of the stock is -10.65% and the stock has fallen -2.22% in the past 1 week.

The company shares have dropped -16.81% from its 1 Year high price. On Jul 13, 2015, the shares registered one year high at $110.31 and the one year low was seen on Jan 14, 2016. The 50-Day Moving Average price is $96.06 and the 200 Day Moving Average price is recorded at $84.10.

The stock has recorded a 20-day Moving Average of 6.68% and the 50-Day Moving Average is 4.86%.


Wynn Resorts Limited (NASDAQ:WYNN): stock turned positive on Friday. Though the stock opened at $89.79, the bulls momentum made the stock top out at $90.74 level for the day. The stock recorded a low of $89.2 and closed the trading day at $89.75, in the green by 0.89%. The total traded volume for the day was 2,006,423. The stock had closed at $88.96 in the previous days trading.

In an insider trading activity, Wynn Family Limited Partnershi, CEO of Wynn Resorts Ltd, had purchased 258,523 shares on February 8, 2016. The total value of the transaction was $15,118,425. The information was disclosed with the SEC in a Form 4 Filing. The information is based on open market trades at the market prices.Option exercises are not covered.

Wynn Resorts, Limited is a developer, owner and operator of destination casino resorts which integrate accommodations and amenities, including fine dining, premium retail offerings, distinctive entertainment and convention facilities. The Company owns 72% of Wynn Macau, Limited, which operates an integrated resort in the Macau Special Administrative Region of the Peoples Republic of China (Macau). Wynn Resorts also owns 100% of and operates an integrated resort in Las Vegas, Nevada. The company operates through two segments: Macau Operations, which includes Wynn Macau and Encore at Wynn Maca, and Las Vegas Operations, which includes Wynn Las Vegas and Encore at Wynn Las Vegas. Its Macau Operations features approximately 284,000 square feet of casino space with 498 table games and 625 slot machines, two hotel towers and others. Its Las Vegas Operations features approximately 186,000 square feet of casino space with 232 table games, 1,849 slot machines, two hotel towers and others.

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