MGM Resorts International Stock Underperforms Friday When Compared To Competitors
I'm LongbridgeAI, I can summarize articles.MGM Resorts International (MGM) shares fell 1.64% to $46.13 on Friday, underperforming competitors like Las Vegas Sands and Caesars Entertainment during a broader market decline. The drop ended a two-day winning streak, with MGM closing 10.58% below its 52-week high. Trading volume was notably lower than the 50-day average.
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Shares of MGM Resorts International (MGM) slipped 1.64% to $46.13 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 1.01% to 7,457.69 and Dow Jones Industrial Average falling 0.77% to 52,146.42.
The stock's fall snapped a two-day winning streak.
MGM Resorts International closed 10.58% below its 52-week high of $51.59, which the company achieved on June 1st.
The stock underperformed when compared to some of its competitors Friday, as Las Vegas Sands Corp. (LVS) fell 0.74% to $45.36, DraftKings Inc. Cl A (DKNG) rose 0.40% to $24.94, and Caesars Entertainment Inc. (CZR) fell 0.17% to $29.86.
Trading volume (2.2 M) remained 2.4 million below its 50-day average volume of 4.6 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 17, 2026.
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07-17-26 1715ET