Steve Mandel's hedge fund firm Lone Pine Capital has filed a 13G with the SEC regarding its position in Wynn Resorts (WYNN). Per the filing, Lone Pine now owns 5.4% of the company with over 5.95 million shares.
This is up from the 3.79 million shares they owned at the end of the second quarter of this year. The filing was made due to portfolio activity on September 10th.
Wynn Resorts owns, operates, and develops casino resorts, primarily in Las Vegas, Nevada and in Macau.
Monday, September 24, 2018
Lone Pine Capital Increases Wynn Resorts Stake
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