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Shares of MGM Resorts International (MGM) slid 0.61% to $34.50 Monday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.09% to 32,832.54 and the S&P 500 Index falling 0.12% to 4,140.06. This was the stock's second consecutive day of losses. MGM Resorts International closed $16.67 short of its 52-week high ($51.17), which the company achieved on November 8th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Las Vegas Sands Corp. (LVS) fell 3.08% to $37.19, Wynn Resorts Ltd. (WYNN) fell 1.23% to $65.89, and Melco Resorts & Entertainment Ltd. ADR (MLCO) fell 0.38% to $5.31. Trading volume (4.5 M) remained 1.0 million below its 50-day average volume of 5.5 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 8, 2022.
(END) Dow Jones Newswires
August 08, 2022 17:07 ET (21:07 GMT)
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