DJ MGM Resorts International Stock Outperforms Competitors On Strong Trading Day
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Shares of MGM Resorts International $(MGM)$ advanced 3.60% to $31.97 Friday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.47% to 5,686.67 and the Dow Jones Industrial Average rising 1.39% to 41,317.43.
The stock's rise snapped a three-day losing streak.
MGM Resorts International closed 32.35% short of its 52-week high of $47.26, which the company achieved on July 17th.
The stock outperformed some of its competitors Friday, as Las Vegas Sands Corp. $(LVS)$ rose 3.42% to $38.07, DraftKings Inc. Cl A (DKNG) rose 2.98% to $34.25, and Caesars Entertainment Inc. $(CZR)$ rose 2.21% to $27.80.
Trading volume (7.3 M) eclipsed its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 2, 2025.
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May 02, 2025 17:19 ET (21:19 GMT)
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