Wynn Resorts (WYNN) in Focus: Stock Moves 7.2% Higher - Tale of the Tape


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Wynn Resorts Ltd. ( WYNN ) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $193.64 to $220.30 in the past one-month time frame.

This gaming industry stock witnessed 6 positive estimate revisions and 1 negative estimate revision over the past 30 days. The Zacks Consensus Estimate moved northwards during the same time frame, suggesting that more solid trading could be ahead for Wynn Resorts. So make sure to keep an eye on this stock going forward to see if Friday's jump can turn into more strength down the road.

Wynn Resorts has a Zacks Rank #2 (Buy), while its Earnings ESP is positive.

Investors interested in the sector may also consider stocks like Caesars Acquisition Company ( CACQ ), Melco Crown Entertainment Limited ( MPEL ) and MGM Resorts International ( MGM ).  While Caesars Acquisition sports a Zacks Rank #1 (Strong Buy), Melco Crown Entertainment and MGM Resorts International hold a Zacks Rank #2 (Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: CACQ , MGM , MPEL , WYNN

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