Kevin Koehler | Source | Associate Portfolio Manager at Miracle Mile Advisors

Kevin Koehler

Associate Portfolio Manager at Miracle Mile Advisors
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  • Wynn Resorts was losing $2.6 million a day when casinos were shut down.

  • https://money.usnews.com/investing/stock-market-news/articles/2020-02-12/coronavirus-stocks-companies-most-affected-by-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.

  • That's not uncommon for something like that, especially before the winter months. Contractors will do whatever they have to do to get the job done for the customer. I don't see that project being delayed. I think we can overcome (the timeline). These are major contractors who are specialized in industrial and commercial projects that have access to the workforce they need.

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