Wynn Resorts Rises as Dividend Doubled, Profit Tops Views
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Wynn Resorts Ltd., owner of casinos in Nevada and Macau, rose as much as 7.8 percent, the most in more than seven months, after third-quarter profit beat analysts’ estimates and the company doubled its quarterly dividend.
Wynn Resorts rose 6.5 percent to $119.56 at 10:43 a.m. in New York and traded as high as $121 for the biggest intraday gain since March 2. The stock had gained 1.6 percent this year through yesterday.