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0.000713368526180584 0.000713368526180584 0.000856042231416782 0.000856042231416782 -0.00114138964188898 0 -0.00114138964188898 0.000837494649736079
Stock impact report

Why Wynn Resorts (WYNN) Stock Is Down Today [Yahoo! Finance]

Wynn Resorts, Limited (WYNN) 
Last wynn resorts, limited earnings: 2/6 04:03 pm Check Earnings Report
US:NASDAQ Investor Relations: wynnresorts.com
Company Research Source: Yahoo! Finance
This was partly in response to the "reciprocal tariffs" announced by the Trump administration the previous day, with levies on Chinese goods estimated to be as high as 50%. The announcement added a new layer of uncertainty for the company, which remained heavily exposed to the Chinese market through its operations in Macau. While the tariffs may not directly affect the hospitality and gaming sectors, they signal a broader deterioration in U.S.–China relations, an environment that could negatively impact regulatory conditions, consumer sentiment, and travel flows. With a significant portion of Wynn's revenue generated from Chinese high-end gamblers and tourists, heightened geopolitical friction raises the risk of reduced visitation and spending. The shares closed the day at $70.04, down 3.9% from previous close. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Wynn Resorts? Access our full Show less Read more
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