Wynn Resorts shares briefly hit 52-week high
Shares of Wynn Resorts Ltd. hit a new 52-week high of $140.37 during midday trading on Friday before settling back down to close at $138.46.
Wynn Resorts shares ended the trading session with a gain of $3.50, or 2.59 percent, on heavy volume of 2.94 million shares traded on the Nasdaq Global Select Market.
Friday’s high is up $68.40 from a 52-week low of $71 a share.
Wynn Resorts was scheduled to report first-quarter earnings Tuesday. Analysts surveyed by Yahoo Finance expect earnings of 72 cents a share with revenue estimated of $1.14 billion.