Wynn Macau (OTCMKTS:WYNMY) Shares Gap Down – Here’s What Happened

Shares of Wynn Macau, Limited – Unsponsored ADR (OTCMKTS:WYNMYGet Free Report) gapped down prior to trading on Friday . The stock had previously closed at $9.46, but opened at $9.00. Wynn Macau shares last traded at $9.00, with a volume of 2,001 shares traded.

Wynn Macau Stock Performance

The stock’s 50-day moving average price is $8.67 and its 200 day moving average price is $7.59.

Wynn Macau Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, October 1st. Shareholders of record on Friday, September 5th were issued a dividend of $0.2013 per share. This represents a yield of 417.0%. The ex-dividend date was Thursday, September 4th.

About Wynn Macau

(Get Free Report)

Wynn Macau, Limited, through its subsidiaries, engages in the development, ownership, and operation of integrated destination casino resorts in Macau. The company's Wynn Palace resort features approximately 468,000 square feet of casino space providing 24-hour gaming and various games comprising private gaming salons and sky casinos; a luxury hotel with guest rooms, suites, and villas; and food and beverage outlets.

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