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Shares of MGM Resorts International MGM slipped 2.10% to $28.43 Thursday, 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 3,790.38 and Dow Jones Industrial Average DJIA falling 0.46% to 30,630.17. The stock's fall snapped a two-day winning streak. MGM Resorts International closed $22.74 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 rose 3.07% to $34.25, Wynn Resorts Ltd. WYNN fell 0.39% to $54.28, and Melco Resorts & Entertainment Ltd. ADR MLCO fell 3.61% to $4.81. Trading volume (4.1 M) remained 2.5 million below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 14, 2022.
(END) Dow Jones Newswires
July 14, 2022 17:07 ET (21:07 GMT)
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