DJ MGM Resorts International Stock Rises Monday, Still Underperforms Market
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of MGM Resorts International $(MGM)$ inched 0.02% higher to $42.43 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
This was the stock's third consecutive day of gains.
MGM Resorts International closed $8.92 short of its 52-week high ($51.35), which the company achieved on July 31st.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Las Vegas Sands Corp. $(LVS)$ rose 2.42% to $46.56, DraftKings Inc. Cl A (DKNG) fell 0.32% to $40.55, and Caesars Entertainment Inc. $(CZR)$ rose 0.58% to $38.42.
Trading volume (2.6 M) remained 1.1 million below its 50-day average volume of 3.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
April 22, 2024 17:17 ET (21:17 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
Comments