Wynn Resorts shares soar on Fertitta stock acquisition

Wynn Resorts stock soared Thursday on news that billionaire Tilman Fertitta increased his stake in the company to 9.9%.A 13G/A filing released late Wednesday showed that Fertitta owned a total of 10.9 million shares in a passive stake. In October 2022, Fertitta acquired 6.9 million shares for a 6.1%