Seeking Alpha

The abrupt 6.1% drop in Wynn Resorts (WYNN) premarket isn't due to any dramatic news on the...

The abrupt 6.1% drop in Wynn Resorts (WYNN) premarket isn't due to any dramatic news on the company, but rather the special $8 dividend for shareholders hits its record date to account for the sudden share price falloff.
Comments (1)
  • Rhianni32
    , contributor
    Comments (1995) | Send Message
     
    Record date is 11-07
    Today is the ex-div date which is when the share price drop occurs.
    5 Nov 2012, 10:25 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|