MGM Stock – Wynn Resorts Ltd. stock outperforms competitors on strong trading day
Shares of Wynn Resorts Ltd.
inched 0.73% higher to $129.10 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index
falling 0.08% to 4,226.52 and Dow Jones Industrial Average
falling 0.36% to 34,630.24. The stock’s rise snapped a three-day losing streak. Wynn Resorts Ltd. closed $14.78 short of its 52-week high ($143.88), which the company reached on March 15th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Las Vegas Sands Corp.
remained unchanged, Sands China Ltd. ADR
fell 1.43% to $43.70, and MGM Resorts International
rose 1.50% to $43.41. Trading volume (3.1 M) eclipsed its 50-day average volume of 2.1 M.