Wynn Resorts stock down 7.8% due to China tariffs, signaling risk for exposure to Chinese market.

From Stockstory.org does not belong to a specific media company.: 2025-04-04 15:14:00

Shares of Wynn Resorts dropped 7.8% as China imposed a 34% tariff on all U.S. imports in response to reciprocal tariffs from the Trump administration. This adds uncertainty for Wynn, heavily exposed to the Chinese market through Macau operations. Although the tariffs may not directly impact the hospitality and gaming sectors, they signal deteriorating U.S.–China relations, risking reduced visitation and spending. Wynn Resorts closed at $70.04, down 3.9% from previous close. The market’s reaction suggests significance, but not a fundamental change in perception. Wynn Resorts is down 16.3% YTD, trading 34.7% below its 52-week high.



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