MGM Resorts International Stock Rallies 5.3%, Outperforms Competitors

Dow Jones
15 Mar

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

Shares of MGM Resorts International rallied 5.3% to $31.76 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.1% to 5,638.94 and the Dow Jones Industrial Average rising 1.7% to 41,488.19.

The stock's rise snapped a four-day losing streak.

MGM Resorts International closed 34.2% below 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, as Las Vegas Sands Corp. rose 1.0% to $43.19, DraftKings Inc. Cl A rose 2.4% to $37.87, and Caesars Entertainment Inc. rose 5.41% to $28.07.

Trading volume totaled 5.1 million, compared to the 50-day average of 5.2 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

March 14, 2025 16:34 ET (20:34 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10