Why Wynn Resorts Shares Are Trading Lower By Around 8%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Shares of Wynn Resorts, Limited WYNN fell sharply on Friday after the company reported third-quarter financial results.

Wynn Resorts reported third quarter operating revenue of $1.67 billion, which was up from a total of $889.7 million reported in the prior year's period. The revenue total beat a Street consensus estimate of $1.585 billion. The company reported adjusted earnings per share of 99 cents, which beat a Street consensus estimate of 75 cents per share.

Wynn Resorts shares declined 8.1% to $83.29 on Friday.

Here are some other stocks moving in today’s mid-day session.

Gainers

  • INVO Bioscience, Inc. INVO shares jumped 112% to $1.49. NAYA Biosciences and INVO Bioscience named Dr. Peter Kash, Ed.D., MBA as Vice Chairman following closing of their pending merger.
  • Marpai, Inc. MRAI shares climbed 76% to $0.6740 after the company filed to withdraw the registration statement on Form S-1. The company confirmed no securities have been sold in connection with the offering contemplated by the Registration Statement.
  • TRACON Pharmaceuticals, Inc. TCON shares gained 56.2% to $0.2499 after the company reported third-quarter financial results.
  • GlucoTrack, Inc. GCTK rose 47% to $0.2371.
  • Direct Digital Holdings, Inc. DRCT shares jumped 43% to $3.7250 trading after the company reported better-than-expected third-quarter financial results.
  • Synchronoss Technologies, Inc. SNCR rose 28.6% to $0.4479. The company recently reported third-quarter results.
  • Blink Charging Co. BLNK climbed 26.4% to $3.1100 after the company reported strong third-quarter revenue and raised 2023 revenue target.
  • Ouster, Inc. OUST gained 24.8% to $5.14 following upbeat quarterly results.
  • VIZIO Holding Corp. VZIO rose 22.4% to $6.46 after the company reported third-quarter financial results.
  • Yoshitsu Co., Ltd TKLF gained 20.9% to $0.62.
  • Sunrise New Energy Co., Ltd. EPOW jumped 20.5% to $1.35. Sunrise New Energy Chairman announced purchase of 200,000 shares in 30 days.
  • Intelligent Bio Solutions Inc. INBS shares gained 19.6% to $0.5226 after jumping over 92% on Thursday. The company reported first-quarter financial results on Wednesday.
  • AVITA Medical, Inc. RCEL climbed 18.3% to $11.70 after the company reported better-than-expected third-quarter sales.
  • The Joint Corp. JYNT climbed 17.5% to $8.66 following upbeat sales.
  • Cardio Diagnostics Holdings, Inc. CDIO gained 17.4% to $1.0683.
  • Nemaura Medical Inc. NMRD rose 17.4% to $0.27.
  • Virios Therapeutics, Inc. VIRI climbed 17% to $0.8775.
  • Doximity, Inc. DOCS rose 15.4% to $23.59 after the company reported better-than-expected second-quarter financial results and issued FY24 revenue guidance above estimates.
  • Consolidated Water Co. Ltd. CWCO gained 15.3% to $35.21 following upbeat results.
  • ARS Pharmaceuticals, Inc. SPRY rose 14% to $3.92 following third-quarter results.
  • Tarsus Pharmaceuticals, Inc. TARS jumped 13.1% to $17.61 following strong sales.
  • Wheeler Real Estate Investment Trust, Inc. WHLR gained 12.8% to $0.2665.
  • Liberty Latin America Ltd. LILA gained 12.1% to $7.16 after posting a profit for the third quarter.
  • Microvast Holdings, Inc. MVST climbed 12.1% to $1.3950 following third-quarter earnings.
  • Synaptics Incorporated SYNA rose 11.6% to $98.76 after the company reported better-than-expected quarterly financial results.
  • PAR Technology Corporation PAR gained 10.6% to $34.96 following upbeat results.
  • Molecular Templates, Inc. MTEM gained 9.3% to $6.25.
  • Aurora Cannabis Inc. ACB gained 5.6% to $0.4700 after the company announced its financial and operational results for the second quarter of fiscal year 2024.
  • Generation Bio Co. GBIO shares rose 3.8% to $1.0804 following strong quarterly results.

Losers

  • Babcock & Wilcox Enterprises, Inc. BW shares fell 49.4% to $1.17 after the company reported third-quarter financial results.
  • Treace Medical Concepts, Inc. TMCI fell 39.5% to $6.04 after the company reported worse-than-expected third-quarter financial results and lowered FY23 revenue guidance below estimates.
  • Plug Power Inc. PLUG shares fell 37.9% to $3.6850 after the company reported worse-than-expected third-quarter financial results.
  • Near Intelligence, Inc. NIR fell 36.9% to $0.1748 after surging around 62% on Thursday.
  • 2U, Inc. TWOU shares fell 36.5% to $1.5106 after the company reported third-quarter earnings and lowered its 2023 revenue outlook.
  • Fortress Biotech, Inc. FBIO fell 35.7% to $1.3450 after the company reported pricing of $10.0 million public offering.
  • Groupon, Inc. GRPN fell 35.5% to $8.72 after the company reported worse-than-expected third-quarter financial results.
  • Carbon Revolution Public Limited Company CREV declined 35.1% to $35.50.
  • Fortress Biotech, Inc. FBIO fell 34.5% to $1.3695 after the company announced pricing of a $10 million public offering.
  • Green Dot Corporation GDOT declined 33% to $7.89 after the company posted weak earnings and lowered its 2023 EPS outlook.
  • Aeries Technology, Inc. AERT fell 29.9% to $1.50.
  • Purple Innovation, Inc. PRPL fell 27.9% to $0.5902 after the company reported worse-than-expected third-quarter financial results.
  • Aptevo Therapeutics Inc. APVO shares fell 27% to $0.1781.
  • Enviva Inc. EVA fell 27% to $0.6203. JP Morgan downgraded Enviva from Neutral to Underweight.
  • Local Bounti Corporation LOCL declined 26.7% to $2.6736.
  • Montauk Renewables, Inc. MNTK declined 26.6% to $7.52 following weak sales.
  • Professional Diversity Network, Inc. IPDN dipped 26.6% to $1.16.
  • Adaptive Biotechnologies Corporation ADPT fell 22.8% to $3.3100 following weak results.
  • Lyell Immunopharma, Inc. LYEL tumbled 22.8% to $1.69. Lyell Immunopharma announced that the U.S. Food and Drug Administration (FDA) granted Orphan Drug Designation to LYL845 for the treatment of patients with stage IIB-IV melanoma.
  • Savers Value Village, Inc. SVV declined 21.8% to $10.78 after the company reported worse-than-expected third-quarter financial results and cut FY23 revenue guidance below estimates.
  • Karat Packaging Inc. KRT fell 21.2% to $17.30 following weak sales.
  • BIOLASE, Inc. BIOL shares fell 20.8% to $1.1093 after the company announced weak quarterly results.
  • Cutera, Inc. CUTR declined 20.3% to $1.4750 after the company reported worse-than-expected quarterly revenue results.
  • The Trade Desk, Inc. TTD shares fell 19.2% to $62.08 after the company reported third-quarter earnings and issued fourth-quarter revenue guidance below estimates.
  • Taysha Gene Therapies, Inc. TSHA fell 18.6% to $1.4250.
  • Vuzix Corporation VUZI fell 16.4% to $2.61 after the company third-quarter financial results.
  • Westrock Coffee Company WEST declined 15.9% to $7.07 after the company reported worse-than-expected third-quarter sales results and issued guidance.
  • Precigen, Inc. PGEN fell 15.8% to $1.0601.
  • Diageo plc DEO shares fell 14.6% to $136.64 after the company said it expects slower growth in H1 FY24 than H2 FY23 due to weaker conditions in Latin America and Caribbean.
  • B. Riley Financial, Inc. RILY fell 14.5% to $25.71 following third-quarter results.
  • Soho House & Co Inc. SHCO dipped 13.9% to $7.01 after the company reported third-quarter financial results and issued guidance.
  • Illumina, Inc. ILMN declined 13.8% to $92.24 after the company reported mixed third-quarter financial results.
  • CommScope Holding Company, Inc. COMM tumbled 13.3% to $1.3606. B of A Securities downgraded CommScope from Buy to Neutral.
  • Hawaiian Electric Industries, Inc. HE fell 12.2% to $12.31 following downbeat sales results.
  • Medical Properties Trust, Inc. MPW fell 10.5% to $4.1527 after Stifel downgraded the stock from Buy to Hold and lowered its price target from $12 to $4.5.
  • Affirm Holdings, Inc. AFRM fell 8.4% to $22.78.
  • Indivior PLC INDV fell 7.9% to $15.90.
  • Applied Optoelectronics, Inc. AAOI dipped 7.6% to $9.02 following weak sales results.
  • Flowers Foods, Inc. FLO fell 7.3% to $20.53 following quarterly results.

 

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