MGM Stock – MGM Resorts International stock outperforms competitors despite losses on the day
Shares of MGM Resorts International
slipped 1.04% to $41.09 Wednesday, on what proved to be an all-around great 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. This was the stock’s second consecutive day of losses. MGM Resorts International closed $1.65 below its 52-week high ($42.74), which the company reached on April 6th.
Despite its losses, the stock outperformed some of its competitors Wednesday, as Las Vegas Sands Corp.
fell 2.33% to $62.13, Wynn Resorts Ltd.
fell 2.71% to $132.68, and Melco Resorts & Entertainment Ltd. ADR
fell 2.50% to $20.68.true Trading volume (6.8 M) remained 2.8 million below its 50-day average volume of 9.6 M.