Wynn & MGM stock prices are predominately valued by their Macau operations.
Macau was closed for 2 weeks, & their main customers, wealthy superstitious Chinese businessmen, have large travel, health & wealth restrictions right now.
Both Wynn & MGM (especially MGM), are very anti-AP, and pro-fees & high rip-off prices, so I’d like to think their stocks are falling because of their rip-off U.S. operations.
But for those 2 stocks, the Macau tail wags the dog.