DJ MGM Resorts International Stock Outperforms Competitors On Strong Trading Day
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Shares of MGM Resorts International $(MGM)$ advanced 2.08% to $32.42 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.64% to 5,675.12 and the Dow Jones Industrial Average rising 0.85% to 41,841.63.
This was the stock's second consecutive day of gains.
MGM Resorts International closed 32.80% short of its 52-week high of $48.25, which the company reached on April 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Las Vegas Sands Corp. $(LVS)$ rose 1.11% to $43.67, DraftKings Inc. Cl A (DKNG) rose 2.27% to $38.73, and Caesars Entertainment Inc. $(CZR)$ rose 0.04% to $28.08.
Trading volume (5.1 M) remained 82,730 below its 50-day average volume of 5.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 17, 2025.
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(END) Dow Jones Newswires
March 17, 2025 17:20 ET (21:20 GMT)
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