DJ MGM Resorts International Stock Underperforms Tuesday When Compared To Competitors
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Shares of MGM Resorts International $(MGM)$ shed 1.88% to $31.29 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.76% to 5,572.07 and Dow Jones Industrial Average falling 1.14% to 41,433.48.
This was the stock's second consecutive day of losses.
MGM Resorts International closed 35.14% below its 52-week high of $48.25, which the company reached on April 1st.
The stock underperformed when compared to some of its competitors Tuesday, as Las Vegas Sands Corp. $(LVS)$ fell 1.15% to $44.82, DraftKings Inc. Cl A (DKNG) rose 3.81% to $38.66, and Caesars Entertainment Inc. $(CZR)$ rose 2.13% to $27.84.
Trading volume (5.8 M) eclipsed its 50-day average volume of 5.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled March 11, 2025.
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(END) Dow Jones Newswires
March 11, 2025 17:20 ET (21:20 GMT)
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