MGM Stock – Wynn Resorts Ltd. stock falls Tuesday, underperforms market
Shares of Wynn Resorts Ltd.
shed 0.33% to $129.03 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index
falling 0.21% to 4,188.13 and Dow Jones Industrial Average
falling 0.24% to 34,312.46. The stock’s fall snapped a five-day winning streak. Wynn Resorts Ltd. closed $14.85 short of its 52-week high ($143.88), which the company reached on March 15th.
The stock underperformed when compared to some of its competitors Tuesday, as Las Vegas Sands Corp.
fell 0.12% to $57.67, Sands China Ltd. ADR
rose 2.13% to $44.12, and MGM Resorts International
rose 1.13% to $42.21. Trading volume (1.7 M) remained 453,291 below its 50-day average volume of 2.2 M.