Shares of Wynn Resorts (WYNN) posted a double-digit rally after founder Steve Wynn, facing allegations of sexual misconduct, resigned as CEO. Continue Reading Below The stock climbed $14.85, or 9.1%, to $178.02 in pre-market …
Wynn has faced a barrage of accusations of rampant sexual harassment covering the many years he has served as CEO of the company he founded in 2002. The tipping point was a Wall Street Journal investigation, which put the stock price …
NEW YORK (CNNMoney) - Ever since the news broke about Steve Wynn, investors have been selling shares of Wynn Resorts. The stock is down 18 percent and at least one major institutional investor, Thornburg Investment Management, …
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The company's stock rallied Wednesday after Wynn resigned but has fallen almost 12 percent since the Journal's Jan. 26 report. Wynn remains the largest shareholder of his company and his signature is its logo. Additionally, in its annual …