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Valued at a market cap of $10 billion, Wynn Resorts, Limited (WYNN) is a leading developer, owner and operator of casino resorts. The Las Vegas, Nevada-based company operates through four segments, consisting of Wynn Palace, Wynn Macau, Las Vegas Operations, and Encore Boston Harbor.
Shares of this luxury resort and casino company have significantly underperformed the broader market over the past 52 weeks. WYNN has gained 5.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 31.1%. Moreover, on a YTD basis, the stock has increased marginally, lagging behind the SPX’s nearly 24.7% gain.