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Shares of MGM Resorts International MGM inched 0.34% higher to $32.84 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.28% to 4,118.63 and Dow Jones Industrial Average DJIA falling 0.14% to 32,798.40. This was the stock's fourth consecutive day of gains. MGM Resorts International closed $18.33 below its 52-week high ($51.17), which the company reached on November 8th.
The stock outperformed some of its competitors Monday, as Las Vegas Sands Corp. LVS rose 0.21% to $37.77, Wynn Resorts Ltd. WYNN rose 0.09% to $63.54, and Melco Resorts & Entertainment Ltd. ADR MLCO fell 0.97% to $5.10. Trading volume (4.3 M) remained 1.5 million below its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 1, 2022.
(END) Dow Jones Newswires
August 01, 2022 17:07 ET (21:07 GMT)
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