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Shares of MGM Resorts International MGM advanced 3.45% to $34.20 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 1.56% to 4,155.17 and the Dow Jones Industrial Average DJIA rising 1.29% to 32,812.50. This was the stock's sixth consecutive day of gains. MGM Resorts International closed $16.97 below its 52-week high ($51.17), which the company achieved on November 8th.
The stock outperformed some of its competitors Wednesday, as Las Vegas Sands Corp. LVS rose 2.12% to $38.96, Wynn Resorts Ltd. WYNN rose 2.92% to $66.29, and Melco Resorts & Entertainment Ltd. ADR MLCO rose 0.79% to $5.12. Trading volume (9.3 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2022.
(END) Dow Jones Newswires
August 03, 2022 17:07 ET (21:07 GMT)
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