Wynn Resorts Ltd. stock falls Tuesday, still outperforms market

Wynn Resorts Ltd. stock falls Tuesday, still outperforms market

Shares of Wynn Resorts Ltd. WYNN, -0.46% shed 0.46% to $71.74 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -0.72% falling 0.72% to 4,170.70 and Dow Jones Industrial Average DJIA, -0.48% falling 0.56% to 32,632.64. This was the stock’s fourth consecutive day of losses. Wynn Resorts Ltd. closed $72.14 below its 52-week high ($143.88), which the company achieved on March 15th.

The stock underperformed when compared to some of its competitors Tuesday, as Las Vegas Sands Corp. LVS, +2.49% rose 2.49% to $37.00, Sands China Ltd. ADR SCHYY, +4.28% rose 4.28% to $23.89, and MGM Resorts International MGM, +0.40% rose 0.40% to $37.63. Trading volume (5.0 M) eclipsed its 50-day average volume of 3.4 M.

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