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Barchart
Barchart
Neharika Jain

Are Wall Street Analysts Predicting MGM Resorts Stock Will Climb or Sink?

MGM

Valued at a market cap of $8.6 billion, MGM Resorts International (MGM) is a gaming and entertainment company that operates casino resorts that offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities. The Las Vegas, Nevada-based company also offers online/digital games through its online platforms.  

This resorts and casinos company has lagged behind the broader market over the past 52 weeks. Shares of MGM have declined 21.9% over this time frame, while the broader S&P 500 Index ($SPX) has surged 8.6%. Moreover, on a YTD basis, the stock is down 8.4%, compared to SPX’s 4.3% loss.  

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