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Shares of MGM Resorts International (MGM) slipped 3.04% to $34.32 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.38% to 4,017.82 and Dow Jones Industrial Average falling 1.94% to 32,272.79. This was the stock's second consecutive day of losses. MGM Resorts International closed $16.85 short of its 52-week high ($51.17), which the company achieved on November 8th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Las Vegas Sands Corp. (LVS) fell 5.62% to $35.29, Wynn Resorts Ltd. (WYNN) fell 5.69% to $66.28, and Melco Resorts & Entertainment Ltd. ADR (MLCO) fell 3.33% to $6.09.true Trading volume (3.5 M) remained 2.0 million below its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 9, 2022.
(END) Dow Jones Newswires
June 09, 2022 17:07 ET (21:07 GMT)
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