Why Wynn Resorts Stock Jumped 8.5% This Week
Wynn Resorts(WYNN) The Motley Fool·2024-02-10 06:29
Shares of Wynn Resorts (WYNN -0.48%) jumped this week after the company reported fourth-quarter 2023 financial results. According to data provided by S&P Global Market Intelligence, shares were up 10.2% at one point and closed the week up 8.3%.Las Vegas impressesRevenue jumped from $1 billion a year ago to $1.84 billion, and Macao was a big driver of the increase. Wynn Palace's revenue jumped from $113.1 million to $524.4 million, and Wynn Macau's revenue went from $77.2 million a year ago to $386.2 million ...