DJ MGM Resorts International Stock Underperforms Thursday When Compared To Competitors
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Shares of MGM Resorts International $(MGM)$ shed 1.59% to $31.61 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.33% to 5,693.31 and Dow Jones Industrial Average falling 0.37% to 42,299.70.
MGM Resorts International closed 34.48% below 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 Thursday, as Las Vegas Sands Corp. $(LVS)$ rose 0.02% to $40.32, DraftKings Inc. Cl A (DKNG) fell 1.70% to $37.04, and Caesars Entertainment Inc. $(CZR)$ fell 2.14% to $27.01.
Trading volume (4.0 M) remained 1.4 million below its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 27, 2025.
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(END) Dow Jones Newswires
March 27, 2025 17:21 ET (21:21 GMT)
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