Updated
Updated · MarketWatch · Apr 29
MGM Resorts International stock falls 1.18% amid broad market downturn
Updated
Updated · MarketWatch · Apr 29

MGM Resorts International stock falls 1.18% amid broad market downturn

11 articles · Updated · MarketWatch · Apr 29
  • Shares closed at $39.27 on Wednesday, with trading volume reaching 6.6 million, above the 50-day average of 4.6 million.
  • This marks the second consecutive day of losses for MGM Resorts International, leaving the stock 4.08% below its 52-week high of $40.94 set on April 27.
  • MGM underperformed competitors such as Las Vegas Sands and DraftKings, while Caesars Entertainment saw a slight gain despite the overall market decline.
With insiders selling shares, what is the real confidence level inside MGM?
Why is MGM's profit falling despite record-breaking revenue?
Is MGM's $10 billion bet on an Osaka mega-resort too risky for investors?
As online gambling booms, are traditional casino giants like MGM losing their edge?
Could federal cannabis reform force Las Vegas casinos to finally embrace the industry?