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Shares of MGM Resorts International MGM advanced 2.81% to $29.23 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.92% to 3,863.16 and the Dow Jones Industrial Average DJIA rising 2.15% to 31,288.26. MGM Resorts International closed $21.94 short of its 52-week high ($51.17), which the company achieved on November 8th.
The stock outperformed some of its competitors Friday, as Las Vegas Sands Corp. LVS rose 0.82% to $34.53, Wynn Resorts Ltd. WYNN rose 2.19% to $55.47, and Melco Resorts & Entertainment Ltd. ADR MLCO rose 0.83% to $4.85. Trading volume (3.6 M) remained 3.0 million below its 50-day average volume of 6.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 15, 2022.
(END) Dow Jones Newswires
July 15, 2022 17:07 ET (21:07 GMT)
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