MGM Resorts International Stock Sheds 6.0%, Underperforms Market

Dow Jones

Feb 22, 2025

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of MGM Resorts International shed 6.0% to $36.00 on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.7% to 6,013.13 and Dow Jones Industrial Average falling 1.7% to 43,428.02.

This was the stock's second consecutive day of losses.

MGM Resorts International closed 25.4% 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, as Las Vegas Sands Corp. fell 2.1% to $44.02, DraftKings Inc. Cl A fell 7.8% to $45.57, and Caesars Entertainment Inc. fell 6.41% to $35.34.

Trading volume totaled 5.2 million, compared to the 50-day average of 4.8 million.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

February 21, 2025 16:34 ET (21:34 GMT)

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Cl A fell 7.8% to $45.57, and Caesars Entertainment Inc. fell 6.41% to $35.34. \n\n\n     Trading volume totaled 5.2 million, compared to the 50-day average of 4.8 million. \n\n\n  Data source: Dow Jones Market Data, FactSet \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 21, 2025 16:34 ET (21:34 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}