Elevator Pitch
My investment rating for Wynn Resorts, Limited’s (NASDAQ:WYNN) stock is a Hold. I did a comparison of Wynn Resorts and its peer MGM Resorts International (MGM) in my prior January 25, 2022 article.
I have downgraded my rating for Wynn Resorts from a Buy to a Hold with the publication of this latest update on WYNN. Although recent developments relating to COVID-19 restrictions and reopening for Zhuhai and Hong Kong are encouraging, there…