|Day Low/High||15.82 / 17.30|
|52 Wk Low/High||5.90 / 34.63|
The volume data and the On-Balance-Volume line moves tell you that MGM has become a huge vehicle for short-term traders.
Do you know what a company does, does it do it well, and is there anything going on that could change the trajectory?
I can't educate the foreign investors. The professional mutual fund managers think I'm dead wrong. But I can help teach the new retail traders.
The consequences of real estate defaults will ripple through the economy like a financial covid.
MGM Resorts International and Energy Partners are in unrelated businesses but have a spate of recent insider purchases in common.
Amid a flood of corporate warnings over the coronavirus, all the major stock market indexes finished last month down 6.4% to 10.1%.
How about some potentially positive news... Casinos in Macau are set to reopen Wednesday (Feb. 19), which is expected to provide some relief to casino operators including Las Vegas Sands , MGM Resorts International , Wynn Resorts and Galaxy Enterta...
These top picks include the REIT redeveloping New York's Penn Station and one that is smack dab in the middle of the 5G revolution.
Traders are leaving the casino stocks on the news and their charts indicate their prices could slide even more before support develops.
The charts of the casino and entertainment giant look ready to support a good rally, with more aggressive buying of its shares in recent months.
Early this morning, the Macau Gaming Inspection and Coordination Bureau reported September gross revenue rose 0.6% year over year, falling short of the +1% consensus forecast. The weak September performance follows declines in July and August and sh...
Good morning folks! As Doug heads off on vacation (something I'll be doing on Saturday myself), I'm sitting in today for him, and I'll be doing so again right before his return. We're in the second real week of the June-quarter earnings season, and ...
Does a deal with Eldorado give Caesars all it needs to shift the market share dynamics in the casino industry?
Each of these picks focuses on less-traditional markets, from billboards, casinos and data centers, to mortgage servicing rights, healthcare and life science facilities.
Is there enough of an upside potential if MGM resumes a rally in the near future?
ORCL has solid fundamentals, but no one cares.
Caesars shares are up more than 5% Monday.
The Nasdaq was the lone major U.S. index to close trading in the green Wednesday.
Time to go over the biggest movers in the market on Wednesday.
The major indices rose across the board Tuesday as markets recovered from an early lull to close in the green.
Struggles in Macau are weighing on gaming stocks Tuesday.
Interestingly, 2 of the biggest movers on the Supreme Court allowing increased sports betting were technology stocks.
This casino operator has a market cap of just $4 billion so it rarely makes headlines.
Focus on the buy side of the biotech ETF and MGM looks like a bargain after earnings.