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Barchart
Barchart
Rashmi Kumari

Wynn Resorts Stock: Is Wall Street Bullish or Bearish?

WYNN Wynn Resorts

Wynn Resorts, Ltd (WYNN) is a developer and operator of high-end hotels, resorts, casinos and gaming. Headquartered in Las Vegas, Nevada, it has won more Forbes Travel Guide Five-Star Awards than any other independent hotel company worldwide. WYNN is valued at $8.55 billion by market cap.

WYNN's shares have significantly underperformed the broader market over the past 52 weeks. WYNN has declined by 19.5% over this time frame, while the broader S&P 500 Index ($SPX) rallied 26.1%. In 2024 alone, the stock is down 16.3%, while SPX has gained 16.5% on a YTD basis. 

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