MGM Resorts International Stock Rises Monday, Still Underperforms Market

Dow Jones2024-12-24

DJ MGM Resorts International Stock Rises Monday, Still Underperforms Market

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

Shares of MGM Resorts International $(MGM)$ inched 0.38% higher to $34.29 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.73% to 5,974.07 and the Dow Jones Industrial Average rising 0.16% to 42,906.95.

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

MGM Resorts International closed $13.96 short of its 52-week high ($48.25), which the company reached on April 1st.

The stock outperformed some of its competitors Monday, as Las Vegas Sands Corp. $(LVS)$ fell 1.13% to $51.66, DraftKings Inc. Cl A (DKNG) fell 4.98% to $38.34, and Caesars Entertainment Inc. $(CZR)$ rose 0.21% to $32.89.

Trading volume (3.7 M) remained 271,467 below its 50-day average volume of 4.0 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 23, 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 23, 2024 17:25 ET (22:25 GMT)

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

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