MGM Resorts International Stock Rises Tuesday, Outperforms Market

IEH Corp

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Information Technology : Electronic Equipment, Instruments & Components | Small Cap Blend

Company profile

IEH Corporation (IEH) designs, develops, and manufactures HYPERBOLOID sockets and printed circuit board (PCB) connectors for the military and aerospace industries. HYPERBOLOID technology is used in avionics platforms, military and commercial aerospace equipment, engine control systems, missiles and torpedoes, vehicular electronics, satellites and rocket launchers, medical devices, industrial and environmental controls, test equipment, pin grid array (PGA) socket and rugged applications. IEH serves customers in the United States and abroad, with sales in approximately 40 countries. IEH customers include defense contractors, commercial aerospace equipment manufacturers, medical device manufacturers, oil and gas exploration firms, and commercial space launch companies.

MGM Resorts International Stock Rises Tuesday, Outperforms Market

5:07 pm ET May 31, 2022 (MarketWatch) Print

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of MGM Resorts International (MGM) inched 0.23% higher to $34.97 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.63% to 4,132.15 and Dow Jones Industrial Average falling 0.67% to 32,990.12. This was the stock's fourth consecutive day of gains. MGM Resorts International closed $16.20 short of its 52-week high ($51.17), which the company reached on November 8th.

The stock underperformed when compared to some of its competitors Tuesday, as Las Vegas Sands Corp. (LVS) rose 2.43% to $35.46, Wynn Resorts Ltd. (WYNN) rose 1.29% to $66.10, and Melco Resorts & Entertainment Ltd. ADR (MLCO) rose 6.42% to $5.64. Trading volume (7.8 M) eclipsed its 50-day average volume of 5.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled May 31, 2022.

(END) Dow Jones Newswires

May 31, 2022 17:07 ET (21:07 GMT)