MGM Stock – Wynn Resorts Ltd. stock underperforms Friday when compared to competitors
Shares of Wynn Resorts Ltd.
slumped 0.50% to $127.28 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index
rising 0.36% to 4,185.47 and the Dow Jones Industrial Average
rising 0.48% to 34,200.67. This was the stock’s sixth consecutive day of losses. Wynn Resorts Ltd. closed $16.60 short of its 52-week high ($143.88), which the company achieved on March 15th.
The stock underperformed when compared to some of its competitors Friday, as Las Vegas Sands Corp.
fell 0.47% to $61.00, Sands China Ltd. ADR
rose 0.02% to $46.61, and MGM Resorts International
rose 1.44% to $40.26. Trading volume (1.3 M) remained 1.3 million below its 50-day average volume of 2.6 M.