NEW YORK (CNNMoney) — Ever since the news broke about Steve Wynn, investors have been selling shares of Wynn Resorts. The stock is down 18% and at least one major institutional investor, Thornburg Investment Management, …
WILMINGTON, Del. (Reuters) - The steep drop in the stock price of Wynn Resorts Ltd <WYNN.O> following a report that chairman Steve Wynn subjected female staff to unwanted sexual advances offers an illustration of how such allegations …
Meanwhile, Wynn Resorts saw its stock plunge 19 percent since news of the allegations broke, and gaming analyst Robin M. Farley at UBS Investment Research downgraded the stock from “buy” to “neutral” yesterday. “We believe risk to the …
... continued falling Monday in the wake of sexual harassment and assault allegations against founder and CEO Steve Wynn. The stock shed $13.80, or 7.6 percent, to hit $166.60 in midday trading. It has fallen about 18 percent since The …