Reply To: Traders Market Weekly: Valuation Matters in Earnings Season

#40084
Truman
Participant

A few casino stocks with exposure to Macau are down big in premarket action after new lockdown measures were announced.

Specifically, Wynn Resorts (WYNN 53.10, -3.36, -6.0%), Las Vegas Sands (LVS 32.80, -1.58, -4.6%), and MGM Resorts (MGM 28.60, -0.74, -2.5%) are all exhibiting sizable losses before the open.