DJ MGM Resorts International Stock Outperforms Competitors On Strong Trading Day
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Shares of MGM Resorts International $(MGM)$ advanced 1.15% to $36.94 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.82% to 6,084.19 and the Dow Jones Industrial Average falling 0.22% to 44,148.56.
The stock's rise snapped a four-day losing streak.
MGM Resorts International closed $11.31 short of its 52-week high ($48.25), which the company reached on April 1st.
The stock outperformed some of its competitors Wednesday, as Las Vegas Sands Corp. $(LVS)$ fell 0.78% to $54.45, DraftKings Inc. Cl A (DKNG) fell 0.12% to $41.65, and Caesars Entertainment Inc. $(CZR)$ rose 0.51% to $37.11.
Trading volume (3.2 M) remained 665,126 below its 50-day average volume of 3.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 11, 2024.
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(END) Dow Jones Newswires
December 11, 2024 17:18 ET (22:18 GMT)
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