He dumped most of his MGM stock ($13.7 million worth) in the months leading up to the shooting!
Also, on September 12, someone was placing much larger than normal bets that the MGM stock would go down! MGM Resorts International (NYSE:MGM) was the target of unusually large options trading activity. Investors purchased 11,909 put options on the company. This is an increase of approximately 164% compared to the typical daily of 4,509 put options.
MGM Resorts CEO Jim Murren announced on Monday that, despite being a lifelong Republican, he is backing Democrat Hillary Clinton for president.
Murren declared that he'd match all donations from his employees to CAIR, and radical left wing anti -Trump groups like Southern Poverty Law Center and ADL - Anti-Defamation League. His wife, Heather Murren also worked for the Obama administration on Obama's "Commission for Enhancing National Cybersecurity" in 2016.
Like all investments you should, check a little deeper into if the business & people running them are inline with your politics & strategy. God Bless