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Wynn Resorts Limited ($WYNN) Stock Forecast: Down 5.2% Today

Morpher AI identified a bearish signal. The stock price may continue to fall based on the momentum of the negative news.

What is Wynn Resorts Limited?

Wynn Resorts (NASDAQ: WYNN) is a renowned operator of high-end hotels and casinos. The company's stock is sensitive to changes in consumer discretionary spending and overall economic conditions.

Why is Wynn Resorts Limited going down?

WYNN stock is down 5.2% on Mar 28, 2025 18:44

  • Wynn Resorts (WYNN) experienced a bearish movement today, possibly due to profit-taking after a recent bullish run.
  • Despite unusual bullish options activity, the stock might have faced selling pressure from investors looking to secure gains.
  • The positive Q4 earnings report from GameStop (GME) could have shifted investor focus away from Wynn Resorts, impacting its stock price negatively.
  • The mention of Wynn Resorts alongside Chevron and a tech stock on a financial show might have drawn attention to other investment opportunities, leading to a sell-off in WYNN shares.

WYNN Price Chart

WYNN Technical Analysis

WYNN News

GameStop Q4 Earnings Beat Estimates, Collectibles Sales Rise Y/Y

GME's fiscal fourth-quarter results reflect lower y/y sales. However, the gross margin expands 490 bps to 28.3% in the quarter.

https://www.zacks.com/stock/news/2435688/gamestop-q4-earnings-beat-estimates-collectibles-sales-rise-yy

0 Missing News Article Image GameStop Q4 Earnings Beat Estimates, Collectibles Sales Rise Y/Y

Chevron, Wynn Resorts And A Tech Stock On CNBC's 'Final Trades' - Chevron ( NYSE:CVX ) , Palo Alto Networks ( NASDAQ:PANW )

On CNBC's "Halftime Report Final Trades," Joshua Brown of Ritholtz Wealth Management said he is staying long on Chevron Corporation CVX and added that the stock still looks good to him. On Feb. 12, Chevron announced intentions to begin major layoffs this year, aiming to complete the majority by ...

https://www.benzinga.com/25/03/44492577/chevron-wynn-resorts-and-a-tech-stock-on-cnbcs-final-trades

1 News Article Image Chevron, Wynn Resorts And A Tech Stock On CNBC's 'Final Trades' - Chevron  ( NYSE:CVX ) , Palo Alto Networks  ( NASDAQ:PANW )

Wynn Resorts Unusual Options Activity For March 25 - Wynn Resorts ( NASDAQ:WYNN )

Whales with a lot of money to spend have taken a noticeably bullish stance on Wynn Resorts. Looking at options history for Wynn Resorts WYNN we detected 13 trades. If we consider the specifics of each trade, it is accurate to state that 76% of the investors opened trades with bullish ...

https://www.benzinga.com/insights/options/25/03/44475383/wynn-resorts-unusual-options-activity-for-march-25

2 News Article Image Wynn Resorts Unusual Options Activity For March 25 - Wynn Resorts  ( NASDAQ:WYNN )

Wynn Resorts Limited Price History

15.10.2024 - WYNN Stock was down 5.0%

  • Wynn Resorts stock had a strong bearish movement despite an increase in Tilman Fertitta's stake in the company.
  • The market might have reacted negatively to some internal issues or external factors impacting Wynn Resorts' financial outlook.
  • The increased stake by Fertitta, although positive news, was not sufficient to offset the bearish sentiment prevailing in the market.
  • Investors might be concerned about the overall performance of the hospitality and gaming sector, leading to the bearish movement in Wynn Resorts' stock.

28.02.2025 - WYNN Stock was down 5.2%

  • Wynn Resorts (WYNN) experienced a bearish movement today, possibly due to profit-taking after a recent bullish run.
  • Despite unusual bullish options activity, the stock might have faced selling pressure from investors looking to secure gains.
  • The positive Q4 earnings report from GameStop (GME) could have shifted investor focus away from Wynn Resorts, impacting its stock price negatively.
  • The mention of Wynn Resorts alongside Chevron and a tech stock on a financial show might have drawn attention to other investment opportunities, leading to a sell-off in WYNN shares.

04.09.2024 - WYNN Stock was up 5.0%

  • The bullish movement in Wynn Resorts' stock could be attributed to positive market sentiment and investor confidence in the company's future prospects.
  • The surge in DoubleDown Interactive's share price might have positively influenced Wynn Resorts, as both companies operate in the gaming and hospitality industry.
  • Despite the bearish options activity observed by deep-pocketed investors, the overall bullish trend in Wynn Resorts' stock indicates that the market is focusing more on the company's growth potential and resilience in the industry.
  • The latest trend in earnings estimate revisions for DoubleDown Interactive may have also contributed to the positive outlook for companies in the gaming sector, including Wynn Resorts.

13.08.2024 - WYNN Stock was up 5.1%

  • Despite wealthy investors taking a bearish stance on Wynn Resorts in the options market, the stock surprisingly displayed strong bullish movement.
  • The heightened options activity on Wynn Resorts might have caused market volatility, contributing to the unexpected bullish momentum.
  • The disparity between options sentiment and actual stock performance could suggest a potential short squeeze or a shift in market sentiment towards Wynn Resorts.
  • Investors should vigilantly observe future developments to gauge the continuity of this bullish trend or the potential influence of options market sentiment on the stock's performance.

27.08.2024 - WYNN Stock was up 7.2%

  • Wynn (WYNN) witnessed a notable 8.2% increase in its stock price, highlighting strong bullish momentum.
  • The rise in trading volume indicates heightened investor interest and purchasing activity in the stock.
  • Recent earnings estimate adjustments may have played a role in the price surge, yet the potential for additional gains in the short run remains uncertain.

14.01.2025 - WYNN Stock was up 6.5%

  • Strong Q4 earnings were reported by Wynn Resorts, with impressive performance in its Las Vegas properties offsetting declines in Macau and Boston Harbor.
  • The bullish movement in WYNN stock could be attributed to investors taking a positive stance in the options market, indicating confidence in the company's future prospects.
  • Despite mixed results in different regions, the overall performance of Wynn Resorts seems to have resonated well with investors, leading to a bullish market movement.

20.01.2024 - WYNN Stock was down 3.5%

  • Wynn Resorts (WYNN) witnessed a strong bearish movement possibly due to the news of selling a New York mobile sports wagering license to PENN Entertainment (PENN).
  • The deal between Wynn Resorts and PENN Entertainment might have raised concerns among investors about potential loss of revenue or market share for WYNN in the sports betting landscape.
  • This market movement could be a reaction to the shifting dynamics in the sports betting industry, with Wynn Resorts making strategic decisions to optimize its business portfolio.

14.10.2024 - WYNN Stock was up 9.6%

  • Billionaire Tilman Fertitta's increased stake in Wynn Resorts likely boosted investor confidence in the company's future prospects.
  • Fertitta's reputation as a successful entrepreneur and investor could signal to the market that he sees potential value in Wynn Resorts.
  • The news of Fertitta's investment may have sparked speculation of potential strategic partnerships or initiatives that could drive growth for Wynn Resorts in the near future.
  • This increased stake could indicate a vote of confidence in the company's management and long-term strategy, contributing to the bullish momentum in Wynn's stock price.

05.10.2024 - WYNN Stock was down 6.1%

  • The bearish movement in Wynn Resorts' stock today could be attributed to profit-taking by investors ahead of the Q3 earnings release.
  • Despite the positive outlook for increased visitor numbers and demand in Las Vegas and Macau, uncertainty surrounding the actual earnings report may have led to a sell-off.
  • Investors might be cautious due to the mixed trading in U.S. stock futures and the need for more concrete data on Wynn Resorts' financial performance before committing further.

05.10.2024 - WYNN Stock was down 8.1%

  • Wynn Resorts (WYNN) experienced a strong bearish movement today due to its Q3 performance missing expectations, with lower-than-expected EPS and revenues reported.
  • Despite solid resort demand trends across its portfolio, high expenses impacted the company's earnings and stock performance negatively.
  • The anticipation surrounding WYNN's Q3 earnings did not materialize as expected, leading to a decline in the stock price.
  • The market reaction indicates that investors were disappointed with Wynn Resorts' financial results, causing a bearish sentiment towards the stock.

13.01.2025 - WYNN Stock was up 5.1%

  • The bullish movement in Wynn's stock today can be attributed to the positive market sentiment driven by the progress and financing secured for the Al Marjan Island Resort expansion.
  • The options market dynamics also indicate a bullish stance taken by investors, including financial giants, showcasing confidence in Wynn Resorts' future prospects.
  • The construction reaching 64% completion and securing a substantial $2.4 billion construction loan have likely bolstered investor confidence in the company's growth potential.
  • The notable bullish bets by whales further reinforce the positive outlook on Wynn Resorts, indicating a strong belief in the company's ability to deliver value to shareholders.

04.02.2025 - WYNN Stock was down 5.8%

  • Despite optimistic forecasts from notable investors and industry experts suggesting a potential increase of 25.5%, Wynn Resorts (WYNN) witnessed a decline in its stock value.
  • The divergence between investor expectations and actual market performance may be influenced by general market conditions or internal company factors.
  • External elements such as economic indicators, industry patterns, or global occurrences might have played a role in the stock's decline, overshadowing the positive predictions made by analysts and investors.
  • Investors are advised to vigilantly observe future progressions to differentiate whether the bearish trend in Wynn Resorts is a brief adjustment or an indication of a more significant shift in market sentiment.
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Disclaimer
Morpher is not liable for the content of the AI investment insights. Like most GPT-powered tools, these summaries may contain AI hallucinations and inaccurate information. Morpher is not presenting you with any investment advice. All investments involve risk, and the past performance of a security, industry, sector, market, or financial product does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. These summaries do not constitute investment advice.