Check out the companies making headlines in extended trading. Wynn Resorts — Shares fell 5.1% following the casino operator's third-quarter earnings. Wynn managed to post a beat on both top and bottom lines, but reported a decline in revenue from the prior year for its Encore Boston Harbor. Illumina — The stock dropped more than 8%.
The biotechnology company cut its adjusted earnings guidance for the full year to a range of 60 cents to 70 cents per share, compared to analysts' estimates of 80 cents per share, according to LSEG. Despite beating on adjusted earnings per share in the third quarter, revenues were lower than analysts' estimates Synaptics — Shares of the computer hardware company rallied nearly 10% after fiscal first-quarter earnings and revenue both came above Wall Street's expectations.
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Cramer encourages investors to buy Wynn Resorts with earnings in focusThe Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.
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