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Shares of MGM Resorts International (MGM) shed 2.34% to $32.96 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.10% to 3,986.16 and Dow Jones Industrial Average falling 0.96% to 31,790.87. MGM Resorts International closed $18.21 below its 52-week high ($51.17), which the company achieved on November 8th.
Despite its losses, the stock outperformed some of its competitors Tuesday, as Las Vegas Sands Corp. (LVS) fell 3.27% to $36.65, Wynn Resorts Ltd. (WYNN) fell 3.53% to $60.21, and Melco Resorts & Entertainment Ltd. ADR (MLCO) fell 9.21% to $5.52.true Trading volume (5.2 M) eclipsed its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled August 30, 2022.
(END) Dow Jones Newswires
August 30, 2022 17:07 ET (21:07 GMT)
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