Wynn Plummeted Following 'Downright Ugly' Earnings; Here's What Analysts Think

After catching the market off guard with its 67 percent dividend cut and top and bottom-line earnings misses, shares of Wynn Resorts, Limited crashed more than 16 percent following its Q1 earnings report . Analysts certainly noted the importance of the earnings miss and the surprise dividend cut, but they were also blindsided by Wynn’s outlook for Las Vegas.