Don't Bet on this Casino Stock to Recover in June
Wynn Resorts(WYNN) Schaeffers Investment Research·2024-06-04 00:43
Shares of Wynn Resorts, Limited (NASDAQ:WYNN) are a ways away from their April 4, nearly 52-week high of $110.38. In fact, WYNN is 1.1% lower at 93.84 at last glance, now down 7.9% this quarter and pulling back to its year-to-date breakeven level. What's more, a bout of seasonality is looming that could send Wynn Resorts stock lower still.According to data from Schaeffer's Senior Quantitative Analyst Rocky White, Wynn Resorts is the third worst stock on the S&P 500 Index (SPX) to own in June, looking back o ...