MGM Resorts International Stock Underperforms Friday When Compared To Competitors

Dow Jones12-14

DJ MGM Resorts International Stock Underperforms Friday When Compared To Competitors

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

Shares of MGM Resorts International $(MGM)$ shed 1.49% to $36.25 Friday, 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 6,051.09 and the Dow Jones Industrial Average falling 0.20% to 43,828.06.

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

MGM Resorts International closed $12.00 short of its 52-week high ($48.25), which the company achieved on April 1st.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Las Vegas Sands Corp. $(LVS)$ rose 0.13% to $53.87, DraftKings Inc. Cl A (DKNG) fell 3.83% to $39.88, and Caesars Entertainment Inc. $(CZR)$ fell 2.12% to $37.01.

Trading volume (2.8 M) remained 1.0 million below its 50-day average volume of 3.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 13, 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

December 13, 2024 17:18 ET (22:18 GMT)

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

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