MGM Resorts International Stock Sheds 11.0%, Underperforms Peers
Dow Jones2026/09/24 20:33This article was automatically generated by Dow Jones using technology from Automated Insights.
Shares of MGM Resorts International plunged 11.0% to $33.69 on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 7,704.13 and the Dow Jones Industrial Average falling 0.3% to 51,349.98.
This was the stock's second consecutive day of losses.
MGM Resorts International closed 34.7% short of its 52-week high of $51.59, which the company reached on June 1st.
The stock underperformed when compared to some of its peers, as Las Vegas Sands Corp. fell 1.4% to $38.65, DraftKings Inc. Cl A rose 0.1% to $21.27, and Caesars Entertainment Inc. remained unchanged.
Trading volume totaled 19.7 million, compared to the 50-day average of 2.4 million.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
September 24, 2026 16:33 ET (20:33 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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