Can Wynn's Stock Gain 50% As Macau Business Rebounds Strongly?
WYNNWynn Resorts(WYNN) Forbes·2024-06-13 18:00

The Grand Lisboa and Wynn casino, Macau, China. (Photo by: Bob Henry/UCG/Universal Images Group via ... [+] Getty Images) UCG/Universal Images Group via Getty Images Wynn stock currently trades at 92pershare,roughly3492 per share, roughly 34% below its pre-inflation shock high of 140 seen on March 17, 2021. The stock was impacted by the Macau operations, which saw business largely collapse over 2021 and 2022, due to stringent Covid-19 restrictions which hurt tourist inflows into the region. Now the situation in the Macau gam ...