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Chanos Shorts DraftKings, Calls Business Model Flawed, Still Bearish on Wynn ResortsWritten by: Todd Shriber

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Citing frothy valuations, Kynikos Associates founder Jim Chanos is betting against some high growth stocks, including a pair of gaming names. In an interview with CNBC, Chanos said he’s been short DraftKings (NASDAQ:DKNG) for most of this year, while reiterating that Kynikos maintains a bearish position in Wynn Resorts (NASDAQ:WYNN). His comments prompted traders to
The post Chanos Shorts DraftKings, Calls Business Model Flawed, Still Bearish on Wynn Resorts appeared first on Casino.org.
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