View full page at forexfactory.com

 

Wynn Resorts is tanking after CEO Steve Wynn is accused of sexual misconduct (WYNN)

From markets.businessinsider.com

Shares of Wynn Resorts are tanking after allegations of sexual misconduct against CEO Steve Wynn were reported by the Wall Street Journal. The company is trading 6.39% lower on Friday to$188.00 after the report, which cited multiple women accusing the Las Vegas magnate of pressuring them into sex and sexualizing the workplace. Wynn has denied the allegations, calling them "preposterous." Wynn owns a 12% stake in the company, worth about $2.4 billion, according to WSJ. The company cited him as an integral piece of the business, saying the company would be "significantly impaired" without him. The allegations against ... (full story)

Story Stats

  • Posted:
  • Category: Entertainment News