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Wynn Resorts Ltd. (WYNN) Is Heading Higher Despite Q3 Miss

Wynn Resorts Ltd. (WYNN) reported third quarter adjusted EPS of $1.68 after the bell Wednesday, which fell short of the consensus estimate of $1.69. The company's revenue for the quarter rose 10.3% to $1.71 billion from $1.55 billion last year. The stock is now up 4.38 on 106K shares.

Wynn Resorts gapped up at the open Wednesday, but traded in a range for the majority of the session. Shares finished with a gain of 4.30 at $113.99.

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