MGM Resorts International Stock Outperforms Competitors Despite Losses On The Day
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Shares of MGM Resorts International MGM shed 0.69% to $30.03 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.30% to 3,900.11 and Dow Jones Industrial Average DJIA falling 0.20% to 31,438.26. MGM Resorts International closed $21.14 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 Monday, as Las Vegas Sands Corp. LVS fell 0.78% to $33.17, Wynn Resorts Ltd. WYNN fell 1.03% to $57.69, and Melco Resorts & Entertainment Ltd. ADR MLCO fell 3.93% to $5.87.true Trading volume (5.1 M) remained 1.2 million below its 50-day average volume of 6.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 27, 2022.
(END) Dow Jones Newswires
June 27, 2022 17:07 ET (21:07 GMT)
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