Wynn Resorts stock sinks as China, US markets struggle

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Shares of Wynn Resorts (WYNN) plummeted on Tuesday after the casino operator reported weaker-than-expected third quarter results. The company missed consensus estimates on both the top and bottom lines, leading to the stock's biggest intraday decline in about a year.

The disappointing performance was driven by weakness in the company's key markets, including China and the US— citing specific softness in Macau and Las Vegas.

Wealth! anchors Seana Smith and Brad Smith break down the details of the report.

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This post was written by Angel Smith