DJ MGM Resorts International Stock Outperforms Competitors On Strong Trading Day
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Shares of MGM Resorts International $(MGM)$ inched 0.02% higher to $42.04 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.06% to 37,775.38 and the S&P 500 Index falling 0.22% to 5,011.12.
The stock's rise snapped a two-day losing streak.
MGM Resorts International closed $9.31 short of its 52-week high ($51.35), which the company achieved on July 31st.
The stock outperformed some of its competitors Thursday, as Las Vegas Sands Corp. $(LVS)$ fell 8.66% to $45.88, DraftKings Inc. Cl A (DKNG) fell 1.35% to $41.64, and Caesars Entertainment Inc. $(CZR)$ fell 1.40% to $37.98.
Trading volume (3.5 M) remained 238,465 below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 18, 2024.
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(END) Dow Jones Newswires
April 18, 2024 17:17 ET (21:17 GMT)
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