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HomeTop Global NewsThe market unfairly docks Wynn. But we see a buying opportunity

The market unfairly docks Wynn. But we see a buying opportunity


The Wynn Resorts logo stands illuminated as people sit by the fountain at the Wynn resort in Macao, China.

Pual Yeung | Bloomberg | Getty Images

Wynn Resorts (WYNN) posted a better-than-expected third quarter on Thursday, with both revenues and profits bolstered by the continued strength of its Las Vegas operations and the post-Covid rebound in Chinese gambling hub Macao.

But investor concerns over an unevenness to the Macao recovery sparked selling in afterhours trading, sending Wynn stock down more than 5% — and creating a potential buying opportunity.



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