MGM Resorts International Stock Underperforms Thursday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.MGM Resorts International (MGM) shares fell 1.10% to $44.99 on Thursday, underperforming competitors like Las Vegas Sands and DraftKings during a broader market decline. This marks the third consecutive day of losses for MGM, which is now trading 12.79% below its 52-week high. Trading volume remained below the 50-day average.
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Shares of MGM Resorts International (MGM) slipped 1.10% to $44.99 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.21% to 7,408.30 and Dow Jones Industrial Average falling 0.97% to 51,711.65.
This was the stock's third consecutive day of losses.
MGM Resorts International closed 12.79% below its 52-week high of $51.59, which the company reached on June 1st.
The stock underperformed when compared to some of its competitors Thursday, as Las Vegas Sands Corp. (LVS) rose 1.72% to $46.03, DraftKings Inc. Cl A (DKNG) fell 0.09% to $22.81, and Caesars Entertainment Inc. (CZR) fell 0.13% to $29.90.
Trading volume (2.1 M) remained 2.3 million below its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 23, 2026.
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07-23-26 1715ET