MGM Resorts International Stock Underperforms Friday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.MGM Resorts International (MGM) shares fell 2.39% to $44.57 on Friday, underperforming the broader market and key competitors like Las Vegas Sands and DraftKings during a positive trading session. This marks the fourth consecutive day of losses for MGM, which remains 13.61% below its 52-week high. Trading volume was below the 50-day average.
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Shares of MGM Resorts International (MGM) shed 2.39% to $44.57 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.70% to 7,489.72 and the Dow Jones Industrial Average rising 0.53% to 52,485.03.
This was the stock's fourth consecutive day of losses.
MGM Resorts International closed 13.61% 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 competitors Friday, as Las Vegas Sands Corp. (LVS) fell 1.97% to $48.89, DraftKings Inc. Cl A (DKNG) fell 1.01% to $23.48, and Caesars Entertainment Inc. (CZR) rose 0.47% to $29.75.
Trading volume (3.7 M) remained 476,594 below its 50-day average volume of 4.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 31, 2026.
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07-31-26 1715ET