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  • Motley Fool

    Why Shares in General Electric Bucked the Market Today

    Shares in industrial giant General Electric (NYSE: GE) bucked the market today by spending most of it in positive territory, while the S&P 500 index did the opposite. The move comes as investors moved into the stock after a period of underperformance following a presentation by CFO Carolina Dybeck Happe at the Morgan Stanley Laguna Conference on Sep. 15. There's no way to get around the fact that the presentation was disappointing.

  • Motley Fool

    Why Wynn Resorts Rocketed Higher Today

    On another brutal day for the markets, casino stock Wynn Resorts (NASDAQ: WYNN) was defying gravity, up an impressive 12.8% as of 1:45 p.m. ET. The reason all comes down to China, where officials in the special administrative region of Macau said the government would begin easing COVID-19 restrictions on Chinese citizens beginning in November. Wynn gets an outsized portion of its revenue and earnings from Macau, so it's no surprise its struggling stock is rallying in response.