MGM Stock – MGM Resorts International stock outperforms competitors on strong trading day
Shares of MGM Resorts International
advanced 4.38% to $39.11 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 1.49% to 4,173.85 and the Dow Jones Industrial Average
rising 1.06% to 34,382.13. This was the stock’s second consecutive day of gains. MGM Resorts International closed $3.63 below its 52-week high ($42.74), which the company reached on April 29th.
The stock outperformed some of its competitors Friday, as Las Vegas Sands Corp.
rose 3.84% to $57.90, Wynn Resorts Ltd.
rose 3.47% to $126.67, and Melco Resorts & Entertainment Ltd. ADR
rose 2.32% to $17.64. Trading volume (6.5 M) remained 1.6 million below its 50-day average volume of 8.1 M.