DJ MGM Resorts International Stock Underperforms Monday When Compared To Competitors
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Shares of MGM Resorts International $(MGM)$ slid 2.37% to $29.64 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.55% to 5,611.85 and the Dow Jones Industrial Average rising 1.00% to 42,001.76.
This was the stock's third consecutive day of losses.
MGM Resorts International closed 38.56% 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 Monday, as Las Vegas Sands Corp. $(LVS)$ rose 1.18% to $38.63, DraftKings Inc. Cl A (DKNG) fell 5.89% to $33.21, and Caesars Entertainment Inc. $(CZR)$ fell 2.61% to $25.00.
Trading volume (7.0 M) eclipsed its 50-day average volume of 5.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 31, 2025.
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March 31, 2025 17:20 ET (21:20 GMT)
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