WYNDHAM BOARD OF DIRECTORS REJECTS UNSOLICITED PROPOSAL FROM CHOICE
Proposal Presents Unacceptable Risk to Wyndham Shareholders
NEW YORK, March. 7, 2018 /PRNewswire/ — WallStEquities.com strives to bring the best free research to the investment community. Today we are offering reports on PNK, RCL, MTN, and WYNN which can be accessed for free by signing up to www.wallstequities.com/registration. Ahead of today’s trading session, WallStEquities.com revisits the Resorts and Casinos industry, which is composed of lodging and recreational establishments that provide both facilities on the same premises. Four stocks have been lined up for assessment this morning, and they are: Pinnacle Entertainment Inc. (NASDAQ: PNK), Royal Caribbean Cruises Ltd (NYSE: RCL), Vail Resorts Inc. (NYSE: MTN), and Wynn Resorts Ltd (NASDAQ: WYNN). All you have to do is sign up today for this free limited time offer by clicking the link below.
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Pinnacle Entertainment
Las Vegas, Nevada headquartered Pinnacle Entertainment Inc.’s shares gained 1.54%, closing Tuesday’s trading session at $30.28. The stock recorded a trading volume of 446,472 shares. The Company’s shares have advanced 68.41% over the past year. The stock is trading 21.77% above its 200-day moving average. Additionally, shares of Pinnacle Entertainment, which engages in ownership, operation, and development of casinos and related hospitality and entertainment businesses, have a Relative Strength Index (RSI) of 42.14.
On February 28th, 2018, Pinnacle Entertainment (“PNK”) announced that it will hold a special meeting of stockholders on March 29th, 2018, to vote on matters related to the proposed acquisition of the Company by Penn National Gaming, Inc. (“Penn”). PNK also announced that the registration statement filed on Form S-4 with the SEC, which contains a joint proxy statement of both companies, was declared effective by SEC, and PNK will commence mailing definitive proxy materials to stockholders. Get the full research report on PNK for free by clicking below at:
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Royal Caribbean Cruises
On Tuesday, shares in Miami, Florida headquartered Royal Caribbean Cruises Ltd recorded a trading volume of 2.54 million shares, which was above their three months average volume of 1.47 million shares. The stock rose 2.01%, ending the day at $123.80. The Company’s shares have advanced 30.58% over the past year. The stock is trading above its 200-day moving average by 2.78%. Furthermore, shares of the Company, which operates as a cruise company, have an RSI of 42.35.
On February 13th, 2018, Royal Caribbean Cruises’ Board of Directors declared a quarterly dividend of $0.60 per common share, payable on April 05th, 2018, to shareholders of record at the close of business on March 07th, 2018. RCL’s complimentary research coverage is a few simple steps away at:
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Vail Resorts
Broomfield, Colorado-based Vail Resorts Inc.’s stock finished the day 0.91% higher at $213.58. A total volume of 659,743 shares was traded, which was above their three months average volume of 555,660 shares. The Company’s shares have advanced 16.67% over the past year. The stock is trading below its 50-day moving average by 1.26%. Additionally, shares of Vail Resorts, which through its subsidiaries, operates mountain resorts and urban ski areas in the US, have an RSI of 52.55.
On February 15th, 2018, Vail Resorts announced that it will release its financial results for Q2 FY18 ended January 31st, 2018 prior to market open on March 08th, 2018. The Company will host a conference call at 11:30 a.m. ET that same day, during which its executives will review the financial results. The call will be broadcast on the Company’s website. Register for your free research report on MTN at:
www.wallstequities.com/registration/?symbol=MTN
Wynn Resorts
Shares in Las Vegas, Nevada-based Wynn Resorts Ltd ended yesterday’s session 1.04% higher at $166.78. The stock recorded a trading volume of 1.25 million shares. The Company’s shares have advanced 0.13% in the last month, 4.89% over the previous three months, and 66.17% over the past year. The stock is trading 12.35% above its 200-day moving average. Moreover, shares of Wynn Resorts, which develops, owns, and operates destination casino resorts, have an RSI of 50.82.
On February 09th, 2018, research firm Morgan Stanley downgraded the Company’s stock rating from ‘Overweight’ to ‘Equal-Weight’.
On February 20th, 2018, Wynn Resorts (WYNN) announced that Wynn Palace has earned a coveted Five-Star triple crown for its hotel, spa, and Sushi Mizumi restaurant on the 2018 Forbes Travel Guide Star Rating list. Collectively, WYNN has the most Forbes Travel Guide Five-Star awards of any independent hotel company in the world. Wall St. Equities’ downloadable research report on WYNN available at: