Steve Wynn Sees Potential In Wynn Resorts (WYNN); AeroVironment (AVAV) Above-Consensus Profit


American business magnate Stephen A. Wynn has raised its ownership in Wynn Resorts Ltd. (Nasdaq:WYNN) to 11,070,000 shares. The company said that its CEO bought 1,003,977 shares from December 4 to December 8, 2015 on the open market, sending its stock price up more than 9%  in after-hours trading Tuesday

WYNN stock finished the regular session at $61.80, down $2.80 (or -4.33%), with a total volume of 4,205,793 shares traded during the day

Wynn Resorts, which develops, owns, and operates destination casino resorts, has 101.57M Shares Outstanding, Market Capitalization (intraday) of $6.28B and WYNN stock 52-week range is from $50.96 to $160.41 per share



Shares of AeroVironment, Inc. (Nasdaq:AVAV) surged over 9% in the extended session Tuesday after the company delivered strong performance in its quarterly financial results with profit and revenue numbers above Wall Street analysts’ forecasts

For its second quarter fiscal 2016, AeroVironment posted revenue of $64.7 million, a 23% increase year over year, and net income of $4.42 million, or $0.19 per diluted share, compared to net loss of ($2.9) million, or ($0.13) per diluted share, topping the Capital IQ Consensus of ($0.10) loss per share for the period

AVAV stock closed at $24.47, down $0.39 (or -1.57%)

AeroVironment, a technology solutions provider, has 23.50M, Market Capitalization (intraday) of $575.04M and AVAV stock one-year range is between $19.10 and $29.22 per share


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