DJ MGM Resorts International Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of MGM Resorts International $(MGM)$ inched 0.64% higher to $37.51 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
This was the stock's second consecutive day of gains.
MGM Resorts International closed $10.74 below its 52-week high ($48.25), which the company reached on April 1st.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Las Vegas Sands Corp. $(LVS)$ rose 1.48% to $49.91, DraftKings Inc. Cl A (DKNG) rose 1.37% to $43.80, and Caesars Entertainment Inc. $(CZR)$ rose 0.56% to $37.59.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 17:18 ET (22:18 GMT)
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