Why Wynn Resorts Stock Jumped 8.5% This Week

Shares of Wynn Resorts (WYNN -0.48%) jumped this week after the company reported fourth-quarter 2023 financial results. According to data provided by S&P Global Market Intelligence, shares were up 10.2% at one point and closed the week up 8.3%.Las Vegas impressesRevenue jumped from $1 billion a year ago to$1.84 billion, and Macao was a big driver of the increase. Wynn Palace's revenue jumped from $113.1 million to$524.4 million, and Wynn Macau's revenue went from $77.2 million a year ago to$386.2 million ...