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Wynn Macau (OTCMKTS:WYNMY) Shares Down 5.9% - What's Next?

Wynn Macau logo with Consumer Discretionary background

Key Points

  • Wynn Macau's shares fell by 5.9% to $8.90, with trading volume dropping 99% compared to the average daily volume.
  • The company announced a recent dividend of $0.2013 per share, translating to an impressive yield of 417.0%.
  • Wynn Macau operates integrated destination casino resorts, including the Wynn Palace, which features extensive gaming and luxury accommodations.
  • Interested in Wynn Macau? Here are five stocks we like better.

Wynn Macau, Limited - Unsponsored ADR (OTCMKTS:WYNMY - Get Free Report) dropped 5.9% during mid-day trading on Monday . The stock traded as low as $8.90 and last traded at $8.90. Approximately 272 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 22,439 shares. The stock had previously closed at $9.46.

Wynn Macau Price Performance

The business has a 50-day simple moving average of $8.67 and a 200 day simple moving average of $7.59.

Wynn Macau Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, October 1st. Investors of record on Friday, September 5th were paid a dividend of $0.2013 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a yield of 417.0%.

Wynn Macau Company Profile

(Get Free Report)

Wynn Macau, Limited, through its subsidiaries, engages in the development, ownership, and operation of integrated destination casino resorts in Macau. The company's Wynn Palace resort features approximately 468,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; and food and beverage outlets.

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