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Cibc World Market Inc. Purchases 26,692 Shares of Wynn Resorts, Limited $WYNN
Cibc World Market Inc. significantly increased its stake in Wynn Resorts (NASDAQ:WYNN) by 125.7% in Q3, acquiring 26,692 additional shares, bringing its total to 47,923 shares valued at approximately $6.15 million. This comes as Wynn Resorts reported missing Q4 EPS estimates but showed a 1.5% year-over-year revenue increase and declared a quarterly dividend. Analyst sentiment remains largely positive with a “Moderate Buy” consensus.