DJ MGM Resorts International Stock Underperforms Thursday When Compared To Competitors
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Shares of MGM Resorts International $(MGM)$ slid 3.62% to $31.64 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.78% to 5,738.52 and Dow Jones Industrial Average falling 0.99% to 42,579.08.
MGM Resorts International closed 34.42% short of its 52-week high of $48.25, which the company achieved on April 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Las Vegas Sands Corp. $(LVS)$ fell 1.43% to $45.39, DraftKings Inc. Cl A (DKNG) fell 7.62% to $40.10, and Caesars Entertainment Inc. $(CZR)$ fell 4.81% to $28.91.
Trading volume (5.4 M) eclipsed its 50-day average volume of 4.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 6, 2025.
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March 06, 2025 17:20 ET (22:20 GMT)
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