DJ MGM Resorts International Stock Underperforms Thursday When Compared To Competitors
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Shares of MGM Resorts International $(MGM)$ shed 1.60% to $34.39 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.41% to 5,916.93 and the Dow Jones Industrial Average rising 0.65% to 42,322.75.
The stock's fall snapped a six-day winning streak.
MGM Resorts International closed 27.23% short of 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 Thursday, as Las Vegas Sands Corp. $(LVS)$ fell 0.66% to $42.14, DraftKings Inc. Cl A (DKNG) fell 4.29% to $36.61, and Caesars Entertainment Inc. $(CZR)$ fell 1.24% to $30.31.
Trading volume (4.7 M) remained 1.6 million below its 50-day average volume of 6.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 15, 2025.
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May 15, 2025 17:19 ET (21:19 GMT)
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