The coronavirus outbreak in China sparked fear on Wall Street. For the average investor, it’s arguably more important to highlight stocks hurt by coronavirus – companies with core operations that are materially affected by a sudden, scary new bug.
Gambling giant Wynn Resorts is also one of the coronavirus stocks suffering financially from the outbreak. “Since the casino shutdown in China, Wynn Resorts has been losing $2.6 million a day,” says Kevin Koehler, associate portfolio manager at Miracle Mile Advisors.
Read the full story: Coronavirus Stocks: 5 Companies Hit by the New Bug (U.S. News)