April 23, 2021
Business News

Wynn Resorts Could Test 1st Quarter Low

Casino and resort operator Wynn Resorts Inc. (WYNN) fell to a 7-week low on Monday morning, with sector sentiment deteriorating at a rapid pace following months of weak visitation numbers in Macao and Las Vegas. A potential money laundering scandal at rival Las Vegas Sands Inc. (LVS) is adding to selling pressure, warning WYNN shareholders the stock could eventually test the first qua…

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