Wynn Resorts are up after another great quarter but remain cheap

The Wynn Las Vegas resort and casino at dusk in Las Vegas, Nevada, US, on Monday, May 8, 2023. Wynn Resorts Ltd. is scheduled to release earnings figures on May 10. 

Bridgett Bennett | Bloomberg | Getty Images

Shares of Wynn Resorts popped 2% in after-hours trading Tuesday after the casino operator reported stronger-than-expected quarterly results, driven by the Super Bowl in Las Vegas and the recovery in China’s Macao region.

We’re surprised the stock isn’t up more.

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