Misconduct Report Shaves $2 Billion From Wynn Market Value – MoneyBeat – WSJ

How should a board react to this? How can a board prevent it?

The market value of dropped by $2.1 billion on Friday, beginning a slide shortly after The Wall Street Journal published an article citing a pattern of sexual misconduct by the company’s chairman and chief executive.

Source: Misconduct Report Shaves $2 Billion From Wynn Market Value – MoneyBeat – WSJ

One Comment Add yours

  1. Bad timing on that stock purchase. At least I have a topic for a proxy proposal if the board fails to adequately address the issues.

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