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Shares of MGM Resorts International (MGM) rose 2.75% to $35.13 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.84% to 4,176.82 and the Dow Jones Industrial Average rising 1.33% to 33,248.28. MGM Resorts International closed $16.04 short of its 52-week high ($51.17), which the company achieved on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Las Vegas Sands Corp. (LVS) rose 1.05% to $35.53, Wynn Resorts Ltd. (WYNN) rose 2.36% to $66.67, and Melco Resorts & Entertainment Ltd. ADR (MLCO) rose 3.07% to $5.70. Trading volume (3.9 M) remained 1.6 million below its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 2, 2022.
(END) Dow Jones Newswires
June 02, 2022 17:07 ET (21:07 GMT)
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