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Shares of MGM Resorts International MGM inched 0.67% higher to $33.06 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX falling 0.67% to 4,091.19 and Dow Jones Industrial Average DJIA falling 1.23% to 32,396.17. This was the stock's fifth consecutive day of gains. MGM Resorts International closed $18.11 below its 52-week high ($51.17), which the company reached on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Las Vegas Sands Corp. LVS rose 1.01% to $38.15, Wynn Resorts Ltd. WYNN rose 1.37% to $64.41, and Melco Resorts & Entertainment Ltd. ADR MLCO fell 0.39% to $5.08. Trading volume (3.8 M) remained 1.9 million below its 50-day average volume of 5.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 2, 2022.
(END) Dow Jones Newswires
August 02, 2022 17:07 ET (21:07 GMT)
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