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Jan. 27, 2020, 9:24 a.m. EST

Casino stocks take a beating as spread of coronavirus leads to travel bans

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By Tomi Kilgore

Shares of casino operators with heavy exposure to China are taking a broad beating in premarket trading Monday, as the rapid spread of the deadly coronavirus out of Wuhan, China has led to travel bans. Shares of Wynn Resorts Ltd. /zigman2/quotes/208845907/lastsale WYNN -2.46% sank 9.1%, Melco Resorts & Entertainment Ltd. /zigman2/quotes/208333844/lastsale MLCO -1.86% fell 9.4%, Las Vegas Sands Corp. /zigman2/quotes/208792014/lastsale LVS -0.07% shed 7.9% and MGM Resorts International /zigman2/quotes/209932643/lastsale MGM -2.21% dropped 5.3%. The death toll from the coronavirus has reached 80 through Monday morning, which lockdowns expanded to 17 cities in China. The selloffs far outpace the weakness in the broader stock market, as futures for the S&P 500 /zigman2/quotes/210599714/realtime SPX +2.28% fall 1.6%.

/zigman2/quotes/208845907/lastsale
US : U.S.: Nasdaq
$ 52.67
-1.33 -2.46%
Volume: 4.69M
April 2, 2020 4:00p
P/E Ratio
45.97
Dividend Yield
7.59%
Market Cap
$5.81 billion
Rev. per Employee
$258,372
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/zigman2/quotes/208333844/lastsale
US : U.S.: Nasdaq
$ 11.60
-0.22 -1.86%
Volume: 3.04M
April 2, 2020 4:00p
P/E Ratio
12.65
Dividend Yield
5.45%
Market Cap
$6.02 billion
Rev. per Employee
$262,832
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/zigman2/quotes/208792014/lastsale
US : U.S.: NYSE
$ 40.27
-0.03 -0.07%
Volume: 6.40M
April 2, 2020 4:10p
P/E Ratio
11.51
Dividend Yield
7.85%
Market Cap
$30.78 billion
Rev. per Employee
$266,583
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/zigman2/quotes/209932643/lastsale
US : U.S.: NYSE
$ 11.51
-0.26 -2.21%
Volume: 20.56M
April 2, 2020 4:10p
P/E Ratio
2.90
Dividend Yield
5.21%
Market Cap
$5.80 billion
Rev. per Employee
$213,874
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/zigman2/quotes/210599714/realtime
US : S&P US
2,526.90
+56.40 +2.28%
Volume: 3.87B
April 2, 2020 5:11p
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