DJ MGM Resorts International Stock Outperforms Competitors Despite Losses On The Day
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Shares of MGM Resorts International $(MGM)$ slid 2.08% to $26.30 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.23% to 5,062.25 and Dow Jones Industrial Average falling 0.91% to 37,965.60.
This was the stock's third consecutive day of losses.
MGM Resorts International closed 44.35% short of its 52-week high of $47.26, which the company reached on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Las Vegas Sands Corp. $(LVS)$ fell 3.81% to $32.10, DraftKings Inc. Cl A (DKNG) rose 3.82% to $32.88, and Caesars Entertainment Inc. $(CZR)$ rose 2.46% to $23.75.
Trading volume (11.4 M) eclipsed its 50-day average volume of 5.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 7, 2025.
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(END) Dow Jones Newswires
April 07, 2025 17:20 ET (21:20 GMT)
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