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Shares of MGM Resorts International MGM shed 0.59% to $27.17 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.95% to 3,795.73 and the Dow Jones Industrial Average DJIA rising 0.64% to 30,677.36. This was the stock's third consecutive day of losses. MGM Resorts International closed $24.00 below 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 fell 0.06% to $31.58, Wynn Resorts Ltd. WYNN fell 2.58% to $52.02, and Melco Resorts & Entertainment Ltd. ADR MLCO fell 0.53% to $5.65. Trading volume (6.7 M) eclipsed its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 23, 2022.
(END) Dow Jones Newswires
June 23, 2022 17:07 ET (21:07 GMT)
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