MGM Stock – MGM Resorts International stock outperforms competitors on strong trading day
Shares of MGM Resorts International
advanced 2.83% to $38.21 Tuesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index
falling 0.32% to 3,958.55 and Dow Jones Industrial Average
falling 0.31% to 33,066.96. The stock’s rise snapped a two-day losing streak. MGM Resorts International closed $3.83 short of its 52-week high ($42.04), which the company achieved on March 15th.
The stock outperformed some of its competitors Tuesday, as Las Vegas Sands Corp.
rose 2.51% to $61.22, Wynn Resorts Ltd.
rose 1.58% to $125.45, and Melco Resorts & Entertainment Ltd. ADR
rose 2.45% to $20.04. Trading volume (5.7 M) remained 4.0 million below its 50-day average volume of 9.6 M.