US stocks rise, Wynn Resorts beat earnings expectations, share price jumps 10.9%. Other companies recording gains in today's session.
U.S. stocks were higher, with the Dow Jones index gaining around 500 points on Wednesday.
Shares of Wynn Resorts Ltd (NASDAQ:WYNN) rose sharply after the company reported better-than-expected quarterly financial results.
Wynn Resorts posted adjusted earnings of $1.24 per share, beating market estimates of $1.11 per share.
The company’s sales came in at $1.857 billion, versus expectations of $1.841 billion.
Wynn Resorts shares jumped 10.9% to $108.27 on Wednesday.
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