Wynn Macau (OTCMKTS:WYNMY) Stock Price Down 7.1% – Here’s Why

Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMYGet Free Report)’s share price dropped 7.1% on Thursday . The company traded as low as $6.38 and last traded at $6.38. Approximately 399 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 18,500 shares. The stock had previously closed at $6.87.

Wynn Macau Stock Performance

The stock has a 50-day moving average price of $7.18 and a 200 day moving average price of $7.39.

About Wynn Macau

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Wynn Macau Limited, trading as an American depositary receipt on the OTC Markets under the symbol WYNMY, is an operator of luxury integrated resorts in the Macau Special Administrative Region of the People’s Republic of China. As a subsidiary of Wynn Resorts, the company develops, owns and operates two world-class properties—Wynn Macau on the Macau Peninsula and Wynn Palace on Cotai—each offering a blend of gaming, hospitality and entertainment amenities.

The core of Wynn Macau’s business is gaming, with a focus on high-end table games and electronic gaming machines that cater to premium mass and VIP clientele.

Further Reading

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