Alert: Negative Investment/Fundamental Signals (11/10/23)-Wynn Resorts Ltd (NASDAQ: WYNN)

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Wynn Resorts Ltd (NASDAQ: WYNN) suffers from exceptional negative changes in investment behavior: negative upside/downside volume developed, and the stock fell on very heavy volume.

Recent notable negative changes in fundamentals have impacted Wynn Resorts Ltd (NASDAQ: WYNN): the stock’s power rating fell below 50, and significant quarterly sales deceleration occurred.

The stock is currently unrated.

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Current PriceTarget Research Rating

WYNN’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

Wynn Resorts is currently unrated.

Recent Price Action

On 11/10/23, Wynn Resorts Ltd (NASDAQ: WYNN) stock suffered a very large decline of -5.7%, closing at $85.49. Relative to the market the stock has been weak over the last nine months and has declined -4.7% during the last week.

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