Wynn stock forecast currently tracks broader consumer

Wynn stock forecast currently tracks broader consumer discretionary sector recovery. The latest sector ETF data shows gaming equities outperforming retail peers, bolstering confidence in Wynn’s cyclical upswing. In comparison, the visitor traffic arrivals in the US from abroad were ~6% below 2019 levels as of March 2024. At this pace, the Economics Institute estimated that foreign passenger traffic in the US is expected to surpass 2019 levels later in 2024. Written by Quiver ForecastTracker for Quiver Quantitative -> Market professionals reviewing Wynn stock forecast remain attentive to short interest ratios. A decreased short position could catalyze a near-term rally if macro conditions hold steady.