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Casinos Stocks Plummet on Concerns Over China Coronavirus
Investor sentiment is often swayed by breaking news and headlines, keeping the stock market in its thrall. At present, the coronavirus outbreak in China is not only keeping Wall Street on edge but the global market at large. All major indices ended the day in the red territory yesterday.
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Casinos Stocks Bear the Brunt of Coronavirus
Macau, the world’s largest gambling hub, will be impacted by any hesitation to travel to China. MGM Resorts International MGM, Melco Resorts & Entertainment Limited MLCO, Wynn Resorts, Limited WYNN and Las Vegas Sands Corp. LVS declined 6.2%, 9.6%, 6.1% and 5.4%, respectively, on Jan 21.
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https://finance.yahoo.com/news/casinos-s...01870.html
Investor sentiment is often swayed by breaking news and headlines, keeping the stock market in its thrall. At present, the coronavirus outbreak in China is not only keeping Wall Street on edge but the global market at large. All major indices ended the day in the red territory yesterday.
...
Casinos Stocks Bear the Brunt of Coronavirus
Macau, the world’s largest gambling hub, will be impacted by any hesitation to travel to China. MGM Resorts International MGM, Melco Resorts & Entertainment Limited MLCO, Wynn Resorts, Limited WYNN and Las Vegas Sands Corp. LVS declined 6.2%, 9.6%, 6.1% and 5.4%, respectively, on Jan 21.
...
https://finance.yahoo.com/news/casinos-s...01870.html
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