Wynn Resorts and other US companies could get hit in a US-China trade war

Wynn Resorts and other US companies could get hit in a US-China trade war

6 years ago
Anonymous $cyhBy-qkd5

https://www.cnbc.com/2018/06/15/wynn-resorts-and-other-us-companies-that-could-get-hit-in-a-us-china-trade-war.html

Increased trade tensions with China will likely affect semiconductor stocks and two casino and hotel operators the most, according to Morgan Stanley analysis of companies most dependent on China for revenue.

Wynn Resorts draws 69 percent of its revenue from China, the greatest exposure among U.S. companies larger than $3 billion, according to analysis from Morgan Stanley Equity Strategist Michael Wilson and his team.