MGM Resorts International Stock Outperforms Competitors Despite Losses On The Day

Dow Jones11-16

DJ MGM Resorts International Stock Outperforms Competitors Despite Losses On The Day

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

Shares of MGM Resorts International $(MGM)$ slumped 0.64% to $37.28 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.

This was the stock's second consecutive day of losses.

MGM Resorts International closed $10.97 below its 52-week high ($48.25), which the company achieved on April 1st.

Despite its losses, the stock outperformed some of its competitors Friday, as Las Vegas Sands Corp. $(LVS)$ fell 1.17% to $47.96, DraftKings Inc. Cl A (DKNG) fell 3.16% to $39.84, and Caesars Entertainment Inc. $(CZR)$ fell 5.00% to $37.04.

Trading volume (3.4 M) remained 1.2 million below its 50-day average volume of 4.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 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

November 15, 2024 17:18 ET (22:18 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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