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Wynn Investors Are Banking On The Public Spending Hot Summer Days In The Desert

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Wynn Resorts, Limited NASDAQ:WYNN - Wynn Investors Are Banking On The Public Spending Hot Summer Days In The Desert

Wynn Resorts, Limited WYNN 11.66% closed at $99.99 in Thursday's session and passed the triple digit mark after-hours. One day removed from a volatile session on Wednesday, which saw the issue trade down to $85.72 before rebounding to close at $89.55, the issue crossed into triple digits ($100.84) at one point in the day.

100% Upside In 3 Months, But Longer-Term Pain

That marks the highest level for the issue since it peaked on August 11 at $102.43. Also, it represents a nearly a double since it bottomed only January 13 at $51.63. Although the recent rally...


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