Wynn Resorts Ltd. Is Falling On Offering News

Thu. November 13, 2008; Posted: 05:20 PM

(RTTNews) - Wynn Resorts Ltd. (WYNN | Quote | Chart | News | PowerRating) announced after the close Thursday that it intends to offer 5,000,000 newly issued shares of its common stock. The stock is now down 1.06 on 1.4 million shares.

Wynn Resorts traded in a range for the majority of Thursday's session and closed down by 0.49 at $44.76 on above average volume. The stock finished at the lower end of a 2-week range.

For full details on Wynn Resorts Ltd (WYNN) click here. Wynn Resorts Ltd (WYNN) has Short Term PowerRatings of 5. Details on Wynn Resorts Ltd (WYNN) Short Term PowerRatings is available at This Link.

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