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Shares of MGM Resorts International MGM slid 1.23% to $27.33 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.13% to 3,759.89 and Dow Jones Industrial Average DJIA falling 0.15% to 30,483.13. This was the stock's second consecutive day of losses. MGM Resorts International closed $23.84 below its 52-week high ($51.17), which the company reached on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Las Vegas Sands Corp. LVS fell 0.35% to $31.60, Wynn Resorts Ltd. WYNN fell 1.66% to $53.40, and Melco Resorts & Entertainment Ltd. ADR MLCO rose 4.22% to $5.68. Trading volume (5.4 M) remained 686,133 below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 22, 2022.
(END) Dow Jones Newswires
June 22, 2022 17:07 ET (21:07 GMT)
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