MGM Resorts International has seen a mixture of performance compared to its competitors. The company's Director, Keith A. Meister, sold a staggering 139,300 shares. Viral Nation has been selected as the
influencer marketing agency of record for MGM. MGM's stock performance has fluctuated, often underperforming when compared to competitors, irrespective of daily gains or losses. The company recently closed the offering of $750,000,000 Senior Notes due 2032. Some analysts see MGM's stock as undervalued. MGM recorded steady performance,
surpassing analyst revenue forecasts in Q1 2024. Various reasons have been presented for investors to have confidence in MGM stocks, including another record quarter in Las Vegas and Macau, and incentivizing water conservation amongst employees. The company has shown resilience, surpassing 5M food donation goals and reporting
record fourth quarter financial and operating results for 2023. Some potential issues include long lines and delays for casino guests due to a computer issue and a lawsuit against FTC. MGM maintains it's growth ambitions, with CEO William Hornbuckle presenting at J.P. Morgan Gaming, Lodging, Restaurant event.
Mgm Resorts International MGM News Analytics from Wed, 08 Nov 2023 08:00:00 GMT to Sat, 15 Jun 2024 13:42:04 GMT -
Rating 4
- Innovation -6
- Information 6
- Rumor -4
