MGM Resorts International Stock Rises 16.1%, Outperforms Peers

Dow Jones
06/02

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of MGM Resorts International surged 16.1% to $50.69 on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.3% to 7,599.96 and the Dow Jones Industrial Average rising 0.1% to 51,078.88.

This was the stock's eighth consecutive day of gains.

MGM Resorts International hit a new 52-week high, surpassing its previous peak of $44.28, which the company reached on May 29th.

The stock outperformed some of its peers, as Las Vegas Sands Corp. rose 5.3% to $53.27, DraftKings Inc. Cl A rose 7.5% to $26.33, and Caesars Entertainment Inc. rose 0.34% to $29.15.

Trading volume totaled 27.6 million, compared to the 50-day average of 4.8 million.

Data source: Dow Jones Market Data, FactSet

 

(END) Dow Jones Newswires

June 01, 2026 16:33 ET (20:33 GMT)

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