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Shares of MGM Resorts International MGM shed 2.70% to $29.54 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.36% to 3,845.08 and the Dow Jones Industrial Average DJIA rising 0.23% to 31,037.68. The stock's fall snapped a two-day winning streak. MGM Resorts International closed $21.63 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 0.17% to $34.70, Wynn Resorts Ltd. WYNN fell 3.37% to $55.84, and Melco Resorts & Entertainment Ltd. ADR MLCO fell 7.98% to $5.42. Trading volume (4.6 M) remained 2.1 million below its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 6, 2022.
(END) Dow Jones Newswires
July 06, 2022 17:07 ET (21:07 GMT)
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