Landry's CEO Fertitta becomes Wynn Resorts' largest individual shareholder with nearly 10% stake [CNBC]
Wynn Resorts, Limited (WYNN)
Last wynn resorts, limited earnings: 2/6 04:03 pm
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wynnresorts.com
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Source: CNBC
The filing indicates a passive position, though multiple people familiar with the matter tell CNBC they suspect Fertitta will be demanding. Fertitta replaces cofounder Elaine Wynn as the company's largest shareholder. Billionaire Tilman Fertitta has increased his ownership stake in Wynn Resorts to 9.9%, according to a filing with the Securities and Exchange Commission. The filing indicates a passive position, though multiple people familiar with the matter tell CNBC they suspect Fertitta will be demanding. Wynn's share price popped 9% Thursday on the news, in line with its 200-day moving average. Over 20 years, the stock has exhibited lots of volatility, but not as much sustained growth. Wynn Resorts Ltd The stock is up roughly 57% over two decades, compared to Marriott's 20-year gains of more than 950%. Wynn Resorts and Fertitta declined to comment on his increased stake. Fertitta, CEO of Landry's, is the owner of the Houston Rockets as well as eight Golden Nugget ca
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WYNN
News
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- Wynn Resorts Bolsters Investor Relations Team [Yahoo! Finance]Yahoo! Finance
- Wynn Resorts Bolsters Investor Relations TeamBusiness Wire
- Sports Illustrated Announces Annual Sportsperson of the Year Event in Las Vegas [Yahoo! Finance]Yahoo! Finance
- WPT World Championship is Most Popular Poker Festival At Wynn Las Vegas [Forbes]Forbes
WYNN
Earnings
- 11/4/24 - Miss
WYNN
Sec Filings
- 12/6/24 - Form 3
- 11/27/24 - Form 8-K
- 11/14/24 - Form SC
- WYNN's page on the SEC website