DJ MGM Resorts International Stock Outperforms Competitors Despite Losses On The Day
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Shares of MGM Resorts International $(MGM)$ slid 2.29% to $32.90 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.39% to 5,940.46 and Dow Jones Industrial Average falling 0.27% to 42,677.24.
This was the stock's fourth consecutive day of losses.
MGM Resorts International closed 30.39% 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 Tuesday, as Las Vegas Sands Corp. $(LVS)$ fell 3.24% to $40.94, DraftKings Inc. Cl A (DKNG) fell 3.04% to $36.07, and Caesars Entertainment Inc. $(CZR)$ fell 0.54% to $29.41.
Trading volume (3.1 M) remained 3.0 million below its 50-day average volume of 6.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 20, 2025.
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May 20, 2025 17:21 ET (21:21 GMT)
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