Wynn Resorts Ltd. stock outperforms market on strong trading day

Wynn Resorts Ltd. stock outperforms market on strong trading day

Shares of Wynn Resorts Ltd. WYNN, +4.36% rose 4.36% to $78.20 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -1.54% falling 1.54% to 3,963.94 and Dow Jones Industrial Average DJIA, -1.45% falling 1.45% to 33,849.46. The stock’s rise snapped a two-day losing streak. Wynn Resorts Ltd. closed $18.30 below its 52-week high ($96.50), which the company reached on February 15th.

The stock outperformed some of its competitors Monday, as Las Vegas Sands Corp. LVS, +1.11% rose 1.11% to $43.65, DraftKings Inc. DKNG, -4.23% fell 4.23% to $14.50, and MGM Resorts International MGM, -2.27% fell 2.27% to $34.92. Trading volume (7.5 M) eclipsed its 50-day average volume of 4.5 M.

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