#WYNN MACAU LONG
this stock has absolutely been beaten down towards the all time lows and taking a position in this company at this level can give some good rewards. The parent company WYNN RESORTS has a household name in the US in Casino and resorts segment. the company has gone through some rough patch in the last 2 3 years primarily due to Covid restrictions around the world. the casinos and resorts were shut down due to which the business had faced significant losses. that being said, it is not a bad time to take a position at this point as the casino/gambling business is coming back on air with covid restrictions being lifted all over the world now.
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