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Shares of MGM Resorts International MGM inched 0.45% higher to $29.04 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.45% to 3,801.78 and Dow Jones Industrial Average DJIA falling 0.67% to 30,772.79. This was the stock's second consecutive day of gains. MGM Resorts International closed $22.13 short of its 52-week high ($51.17), which the company achieved on November 8th.
The stock outperformed some of its competitors Wednesday, as Las Vegas Sands Corp. LVS fell 0.06% to $33.23, Wynn Resorts Ltd. WYNN fell 0.44% to $54.49, and Melco Resorts & Entertainment Ltd. ADR MLCO fell 1.19% to $4.99. Trading volume (3.5 M) remained 3.2 million below its 50-day average volume of 6.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 13, 2022.
(END) Dow Jones Newswires
July 13, 2022 17:09 ET (21:09 GMT)
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