Wynn Resorts Stock News

CNBC's Contessa Brewer on why Macao casino stocks were hit. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Karen Finerman and Steve Grasso.

Gains in heavyweight technology stocks drove Wall Street indexes higher on Monday as investors rushed to take advantage of steep virus-driven losses, with Twitter up on reports that chief Jack Dorsey is expected to step down. The S&P technology and the communication services subindexes jumped more than 1% each, indicating that investors were likely favoring pandemic-resistant technology stocks amid growing fears of the newly discovered Omicron variant. The S&P 500 energy index jumped 3% in early trade and was the best performer among its peers, as oil prices rebounded from Friday''s sell-off. A recovery in Treasury yields also pushed the banks index 0.8% higher. Twitter Inc surged as much as 11% after reports said Dorsey intended to step down. Dorsey had faced some pressure in 2020 to step down over allegations that he was paying too little attention to Twitter while also running payments processing company Square Inc. Wall Street Week Ahead: Covid-19 fears reappear as a threat to market Wall Street indexes had slumped between 2.0% and 3.5% on Friday after news of the coronavirus variant triggered a global sell-off, as countries introduced new travel curbs on fears the Omicron variant could resist vaccinations and upend a nascent economic reopening.

So much for the house always winning. Casino stocks have had a brutal year.

Wynn shares are under pressure, but investors need to be patient with the stock.

Casino stocks are on falling on Monday thanks to recent news of an arrest in Macau connected to the industry and we've got the details. The post Casino Stocks: The Macau Arrest News That Has MGM, WYNN

Equities research analysts expect Wynn Resorts, Limited (NASDAQ:WYNN) to post earnings per share of ($1.19) for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Wynn Resorts earnings. The lowest EPS estimate is ($1.92) and the highest is ($0.84). Wynn Resorts posted earnings per share of ($2.45) in the same quarter []

IFP Advisors Inc reduced its stake in Wynn Resorts, Limited (NASDAQ:WYNN) by 38.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,935 shares of the casino operator’s stock after selling 1,190 shares during the quarter. IFP Advisors Inc’s holdings in Wynn Resorts were worth […]

Wedbush Securities Inc. lifted its stake in Wynn Resorts, Limited (NASDAQ:WYNN) by 38.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,245 shares of the casino operators stock after buying an additional 1,176 shares during the quarter. Wedbush Securities Inc.s holdings in Wynn Resorts []

Marshall Wace North America L.P. decreased its stake in Wynn Resorts, Limited (NASDAQ:WYNN) by 43.8% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 5,478 shares of the casino operators stock after selling 4,270 shares during the period. Marshall Wace North America L.P.s holdings in Wynn Resorts were worth $670,000 as of its most recent []

The lawsuit filed by nine anonymous women against Steve Wynn and Wynn Resorts that was dismissed in 2020 can go forward after a ruling by the Court of Appeals.

Wynn Resorts CEO Matt Maddox stunned the gaming industry when he announced he was leaving the company in January. Board Chairman Phil Satre elaborated on the decision.

CNBC's Contessa Brewer on LVS and Wynn shares soaring over Macau News. With CNBC's Melissa Lee and the Fast Money traders, Guy Adami, Tim Seymour, Dan Nathan and Brian Kelly.

The "Halftime Report" traders give their top picks to watch for the second half.

Parametric Portfolio Associates LLC grew its holdings in Wynn Resorts, Limited (NASDAQ:WYNN) by 13.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 223,746 shares of the casino operators stock after purchasing an additional 26,552 shares during the period. Parametric Portfolio Associates LLC owned []

Mad Money host Jim Cramer and the 'Squawk on the Street' team discuss shares of Wynn Resorts and other entertainment stocks amid troublesome Covid-19 headwinds in Europe.