DJ MGM Resorts International Stock Outperforms Competitors Despite Losses On The Day
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Shares of MGM Resorts International $(MGM)$ shed 1.21% to $34.35 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,906.94 and Dow Jones Industrial Average falling 0.97% to 42,573.73.
This was the stock's second consecutive day of losses.
MGM Resorts International closed $13.90 below 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 Monday, as Las Vegas Sands Corp. $(LVS)$ fell 2.24% to $50.70, DraftKings Inc. Cl A (DKNG) fell 2.16% to $37.10, and Caesars Entertainment Inc. $(CZR)$ fell 0.82% to $32.82.
Trading volume (3.2 M) remained 788,844 below its 50-day average volume of 4.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.
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(END) Dow Jones Newswires
December 30, 2024 17:25 ET (22:25 GMT)
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