MGM Resorts International Stock Falls Friday, Still Outperforms Market

Red Robin Gourmet Burgers Inc

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Consumer Discretionary : Hotels, Restaurants & Leisure | Small Cap Value

Company profile

Red Robin Gourmet Burgers, Inc., together with its subsidiaries, primarily operates, franchises, and develops full-service restaurants in North America. The Company's menu features a line of Gourmet Burgers made from fresh ground beef, as well as line of Red's Tavern Double burgers, and Red Robin's Finest line made with toppings. It also offers burgers made with other proteins, including chicken breasts (grilled or fried), turkey patties, as well as a vegetarian patty and the plant-based burger patty. The Company offers a range of buns, including gluten free, sesame, brioche, and lettuce wraps, with a variety of toppings, including house-made sauces, crispy onion straws, sauteed mushrooms, several cheese choices, and a fried egg. Its beverages include alcoholic and non-alcoholic specialty drinks, cocktails, wine, and a variety of national and craft beers. The Company also offer a range of single-serve and shareable desserts, as well as its milkshakes.

MGM Resorts International Stock Falls Friday, Still Outperforms Market

5:07 pm ET June 3, 2022 (MarketWatch) Print

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

Shares of MGM Resorts International (MGM) slid 1.20% to $34.71 Friday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.63% to 4,108.54 and Dow Jones Industrial Average falling 1.05% to 32,899.70. MGM Resorts International closed $16.46 short of its 52-week high ($51.17), which the company reached on November 8th.

Despite its losses, the stock outperformed some of its competitors Friday, as Las Vegas Sands Corp. (LVS) fell 1.60% to $34.96, Wynn Resorts Ltd. (WYNN) fell 2.16% to $65.23, and Melco Resorts & Entertainment Ltd. ADR (MLCO) fell 4.21% to $5.46.true Trading volume (3.2 M) remained 2.3 million below its 50-day average volume of 5.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled June 3, 2022.

(END) Dow Jones Newswires

June 03, 2022 17:07 ET (21:07 GMT)

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MGM Resorts International Stock Falls Friday, Still Outperforms Market