MGM Stock – Las Vegas Sands Corp. stock falls Wednesday, underperforms market
Shares of Las Vegas Sands Corp.
slid 2.33% to $62.13 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.15% to 4,079.95 and the Dow Jones Industrial Average
rising 0.05% to 33,446.26. The stock’s fall snapped a three-day winning streak. Las Vegas Sands Corp. closed $4.64 below its 52-week high ($66.77), which the company reached on March 3rd.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Sands China Ltd. ADR
fell 3.02% to $49.60, MGM Resorts International
fell 1.04% to $41.09, and Wynn Macau Ltd. ADR
fell 2.53% to $19.65. Trading volume (3.9 M) remained 3.0 million below its 50-day average volume of 6.9 M.