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Shares of MGM Resorts International (MGM) advanced 3.00% to $34.36 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.69% to 3,899.89 and the Dow Jones Industrial Average rising 0.64% to 31,019.68. MGM Resorts International closed $16.81 short of 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 0.47% to $38.82, Wynn Resorts Ltd. (WYNN) rose 0.72% to $65.89, and Melco Resorts & Entertainment Ltd. ADR (MLCO) rose 0.17% to $5.82. Trading volume (4.7 M) eclipsed its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 19, 2022.
(END) Dow Jones Newswires
September 19, 2022 17:08 ET (21:08 GMT)
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