MGM Resorts International Stock Outperforms Competitors On Strong Trading Day
I'm LongbridgeAI, I can summarize articles.MGM Resorts International (MGM) shares rose 1.22% to $45.54, outperforming competitors like Las Vegas Sands and Caesars Entertainment on a favorable trading day. This gain ended a three-day losing streak. The stock remains 11.73% below its 52-week high of $51.59. Trading volume was lower than the 50-day average.
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Shares of MGM Resorts International (MGM) advanced 1.22% to $45.54 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.05% to 7,411.98 and the Dow Jones Industrial Average rising 0.46% to 51,947.25.
The stock's rise snapped a three-day losing streak.
MGM Resorts International closed 11.73% short of its 52-week high of $51.59, which the company achieved on June 1st.
The stock outperformed some of its competitors Friday, as Las Vegas Sands Corp. (LVS) rose 0.11% to $46.08, DraftKings Inc. Cl A (DKNG) rose 0.88% to $23.01, and Caesars Entertainment Inc. (CZR) rose 0.13% to $29.94.
Trading volume (2.3 M) remained 2.0 million below its 50-day average volume of 4.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled July 24, 2026.
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07-24-26 1716ET