DJ MGM Resorts International Stock Outperforms Competitors On Strong Trading Day
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Shares of MGM Resorts International $(MGM)$ advanced 3.18% to $32.42 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.76% to 5,767.57 and the Dow Jones Industrial Average rising 1.42% to 42,583.32.
The stock's rise snapped a two-day losing streak.
MGM Resorts International closed 32.80% short of its 52-week high of $48.25, which the company reached on April 1st.
The stock outperformed some of its competitors Monday, as Las Vegas Sands Corp. $(LVS)$ fell 1.03% to $41.50, DraftKings Inc. Cl A (DKNG) rose 2.61% to $40.52, and Caesars Entertainment Inc. $(CZR)$ rose 2.81% to $28.13.
Trading volume (5.3 M) remained 121,515 below its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 24, 2025.
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(END) Dow Jones Newswires
March 24, 2025 17:21 ET (21:21 GMT)
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