Macau casino stocks drop as virus deaths increase

Jan. 23, 2020 8:26 AM ETLVS, MGM, WYNN, MLCOBy: Clark Schultz, SA News Editor63 Comments
  • Macau casino stocks are heading lower again after authorities in China implement more local travel bans in an effort to contain the Wuhan virus.
  • The outbreak of the new coronavirus arrives just days ahead of the Chinese New Year holiday period.
  • Wynn Resorts (NASDAQ:WYNN) is down 4.81% in premarket action, while Las Vegas Sands (NYSE:LVS) is off 4.25%. Melco Resorts & Entertainment (NASDAQ:MLCO) is showing a 4.12% drop, while MGM Resorts (NYSE:MGM) is down 2.0%.
  • Previously: China shares tumble on Wuhan lockdown (Jan. 23)

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