Wynn Surges After Q4 Beat

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Wynn Resorts, LimitedWYNN
shares are trading higher by $7 at $66.69 in Friday's session. The catalyst for the rally is a Q4 EPS beat of $0.27 with a slight revenue miss. Following a higher open, it retreated only $0.45 to $62.30 before resuming its move higher. So far, the issue has reached $67.58 before taking a breather. That level comes in between a pair of highs from January 29 ($67.36) and February 1 ($67.68).
Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
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