Traders Watching Wynn's (WYNN) Rivals On Long Trading Halt (MGM) (LVS)
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With Wynn (Nasdaq: WYNN) halted for trading with news pending, traders have their eye on rivals Las Vegas Sands (NYSE: LVS) and MGM Resorts (NYSE: MGM). So far the reaction in the pair has been muted, with both trading up fractionally.
The halted could be related to company specific news on the shareholder dispute or could be related to additional Cotai land approval.
The halted could be related to company specific news on the shareholder dispute or could be related to additional Cotai land approval.
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