Wynn Resorts Monster Rally Continues

Wynn Resorts

shares are trading higher $3.66 at $86.14 in Tuesday's session. The Street seems to be relieved that February Macau gaming revenue came in flat, as opposed to posting a decline. After a higher open, it had only a only a $0.23 to $84.17 before resuming its move higher. So far, it is trading at near its high for the session ($86.24). That marks the highest level for the issue since it peaked at $90 on August 20. Since it bottomed on January 14 at $49.95, the issue rallied 72 percent or $36 at $86. Its all time high was made in March 2014, when it peaked at $248.31.