{"id":121474,"date":"2019-12-04T11:03:44","date_gmt":"2019-12-04T19:03:44","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=121474"},"modified":"2019-12-04T12:11:19","modified_gmt":"2019-12-04T20:11:19","slug":"hedge-funds-are-dialing-back-and-dropping-wynn-resorts-stock","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/hedge-funds-are-dialing-back-and-dropping-wynn-resorts-stock\/","title":{"rendered":"Hedge Funds Cash in Chips on Wynn Resorts Stock Amid Macau Struggles"},"content":{"rendered":"
Shares of Wynn Resorts, Ltd. (NASDAQ:WYNN) are up nearly 18 percent year-to-date, trailing the S&P 500 by about 600 basis points. Data indicates the stock’s third-quarter slide on the back of slack Macau data prompted some professional investors to reduce exposure to the gaming company.<\/p>\n