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Shares of MGM Resorts International (MGM) slipped 6.62% to $30.61 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.84% to 3,757.99 and Dow Jones Industrial Average falling 0.35% to 30,076.68. This was the stock's second consecutive day of losses. MGM Resorts International closed $20.56 below 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 Thursday, as Las Vegas Sands Corp. (LVS) fell 3.63% to $35.29, Wynn Resorts Ltd. (WYNN) fell 5.94% to $60.19, and Melco Resorts & Entertainment Ltd. ADR (MLCO) fell 6.96% to $5.21. Trading volume (5.9 M) eclipsed its 50-day average volume of 4.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled September 22, 2022.
(END) Dow Jones Newswires
September 22, 2022 17:08 ET (21:08 GMT)
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