Shares of Wynn Resorts Ltd. (NAS:WYNN) rallied 1.9% in afternoon trading Wednesday, after the casino operator said its Wynn Las Vegas will reopen next week. The company said both hotel towers, the casino and all of its restaurants will reopen on June 4. The newest restaurant, Elio, will reopen later in June. Also opening will be the resorts pools, the golf course, the three retail areas and full-service beauty salons, barber shop, spa and fitness centers. The company said Wynn employees will be required to wear face coverings and will have all been tested for COVID-19. The stock, which was up 0.2% before the reopening news, has lost 22.2% over the past three months, while the S&P 500 (S&P:SPX) has gained 0.8%.
May 27, 2020, 1:53 p.m. EDT