MGM Resorts International Stock Outperforms Competitors Despite Losses On The Day

Dow Jones12-19

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 $(MGM)$ slid 4.44% to $33.80 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 2.95% to 5,872.16 and Dow Jones Industrial Average falling 2.58% to 42,326.87.

MGM Resorts International closed $14.45 short of its 52-week high ($48.25), which the company achieved on April 1st.

Despite its losses, the stock outperformed some of its competitors Wednesday, as Las Vegas Sands Corp. $(LVS)$ fell 4.88% to $51.02, DraftKings Inc. Cl A (DKNG) fell 4.84% to $38.75, and Caesars Entertainment Inc. $(CZR)$ fell 6.23% to $33.88.

Trading volume (4.3 M) eclipsed its 50-day average volume of 3.9 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 18, 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 18, 2024 17:18 ET (22:18 GMT)

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

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