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Shares of MGM Resorts International MGM inched 0.37% higher to $32.73 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 1.42% to 4,130.29 and the Dow Jones Industrial Average DJIA rising 0.97% to 32,845.13. This was the stock's third consecutive day of gains. MGM Resorts International closed $18.44 below its 52-week high ($51.17), which the company reached on November 8th.
The stock outperformed some of its competitors Friday, as Las Vegas Sands Corp. LVS fell 2.15% to $37.69, Wynn Resorts Ltd. WYNN fell 0.27% to $63.48, and Melco Resorts & Entertainment Ltd. ADR MLCO fell 5.33% to $5.15. Trading volume (3.8 M) remained 2.1 million below its 50-day average volume of 5.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 29, 2022.
(END) Dow Jones Newswires
July 29, 2022 17:07 ET (21:07 GMT)
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