DJ MGM Resorts International Stock Outperforms Competitors Despite Losses On The Day
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Shares of MGM Resorts International $(MGM)$ slid 3.73% to $26.86 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 5.97% to 5,074.08 and Dow Jones Industrial Average falling 5.50% to 38,314.86.
This was the stock's second consecutive day of losses.
MGM Resorts International closed 43.17% below its 52-week high of $47.26, which the company achieved on July 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Las Vegas Sands Corp. $(LVS)$ fell 8.35% to $33.37, DraftKings Inc. Cl A (DKNG) fell 2.25% to $31.67, and Caesars Entertainment Inc. $(CZR)$ fell 2.48% to $23.18.
Trading volume (11.3 M) eclipsed its 50-day average volume of 5.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 4, 2025.
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(END) Dow Jones Newswires
April 04, 2025 17:16 ET (21:16 GMT)
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