| 2024-04-24 | -0.33 % |
- Summary: Lindbrook Capital LLC increased its position in MGM Resorts International stock by 12.9% in the fourth quarter, while other hedge funds also made changes to their positions, and institutional investors and hedge funds now own 68.11% of the company's stock, with Director Keith A. Meister recently selling 325,000 shares leading to a 0.33% decrease in stock value, however, several research firms have given positive ratings to MGM due to strong earnings performance.
Reason for MGM Resorts International stock going down: While there wasn't a specific reason mentioned in the article for the 0.33% decrease in MGM Resorts International stock value, it could be attributed to the director selling off a significant number of shares, as well as general market factors impacting stock performance.
- The article reports that Xponance Inc. reduced its holdings in MGM Resorts International by 12.8% during the 4th quarter, with other institutional investors also adjusting their positions in the company; the MGM stock decreased by -0.33% last night, with the likely cause being the sale of significant shares by various institutional investors.
- The article discusses Signaturefd LLC boosting its position in MGM Resorts International stock, with several other hedge funds also adjusting their stakes in the company, and various analyst reports providing ratings and target prices for MGM stock. The stock of MGM Resorts International went down by -0.33% last night. The reason for the drop in stock price is not explicitly mentioned in the summarized article.
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| 2024-04-23 | +0.99 % |
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| 2024-04-22 | +0.02 % |
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| 2024-04-15 | +0.87 % |
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| 2024-04-11 | +0.09 % |
- The article discusses Nisa Investment Advisors LLC's reduced position in MGM Resorts International stock, along with various modifications made by other hedge funds, and Director Keith A. Meister selling a significant number of shares, resulting in the stock price going up by 0.09% due to increased institutional investments and positive earnings results leading to analyst optimism.
- The article discusses MGM Resorts International (MGM) stock, which saw a 0.09% increase, and mentions that the stock's price target was raised by analysts at Morgan Stanley, leading to a potential upside, with various other research analysts providing positive ratings and target prices on the stock, following the company's positive quarterly earnings results, including revenue exceeding estimates, and insider selling activities. The stock may have gone up due to the increased price target, positive analyst ratings, and strong financial performance of the company.
- The article discusses how Allworth Financial LP increased its stake in MGM Resorts International stock by 122.0% in the 4th quarter, leading to a 0.09% increase in the stock value, and explains that the rise was influenced by various institutional investors and hedge funds acquiring positions in MGM Resorts International.
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| 2024-04-09 | +0.24 % |
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| 2024-04-08 | -0.49 % |
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| 2024-04-05 | +1.46 % |
- The article discusses the performance of various stocks under the Top Value Stocks strategy, noting that MGM Resorts International (MGM) saw a monthly return of 11.22%, with the stock going up by 1.46% last night, likely due to positive market sentiment and strong financial performance.
- The article discusses the ProPicks Top Value Stocks strategy, which saw MGM Resorts International (MGM) stock increase by 11.22% in February. The stock went up likely due to positive developments within the company or the industry, leading to investor optimism and driving the price higher.
- The article discusses the recent 1.46% increase in MGM Resorts International (MGM) stock and attributes this rise to institutional investors, such as the State of Michigan Retirement System, T. Rowe Price Investment Management Inc., State Street Corp, Davis Selected Advisers, Morgan Stanley, and Geode Capital Management LLC, increasing their stakes in the company during the last quarter due to positive quarterly earnings results and analysts' optimistic outlook on the stock.
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| 2024-04-04 | -1.9 % |
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| 2024-04-03 | +0.71 % |
- The article discusses a strategic partnership between Prove Identity, Inc. and BetMGM, a sports betting and gaming entertainment company under MGM Resorts International, to implement Prove’s Pre-Fill® identity solution across BetMGM’s platforms, which aims to enhance customer onboarding, security, and user experience. MGM Resorts International stock went up last night by 0.71% likely due to this partnership announcement which validates the technology and its benefits.
- Summary: The "Top Value Stocks" ProPicks strategy achieved a 6.29% return in March 2024, with MGM Resorts International (MGM) among the top performers at an 11.22% monthly return.
MGM Resorts International (MGM) stock likely went up due to the overall success of the "Top Value Stocks" ProPicks strategy, which saw strong returns in March 2024, outperforming major benchmark indices, and MGM specifically delivered an impressive 11.22% return for the month.
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| 2024-04-02 | -2.85 % |
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| 2024-04-01 | +1.21 % |
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| 2024-03-28 | +1.31 % |
- The article mentions that MGM Resorts International (MGM) stock was up by 1.31% last night, possibly due to positive developments within the company or the overall market sentiment toward the stock.
- The article discusses how federal regulators are supporting two tourists in a legal battle against major Atlantic City casino-hotel companies, including MGM Resorts International, over the use of a rental-rate algorithm that may constitute collusion. MGM Resorts International's stock went up last night by 1.31%, likely due to factors beyond this legal issue, such as market conditions, investor sentiment, or company performance.
- The article discusses MGM Resorts International (MGM) stock, which was up 1.31% yesterday due to an increase in call options trading and positive analyst reports, including a higher price target from JPMorgan Chase & Co. and ratings upgrades. The company's quarterly earnings beat expectations, and recent insider trading and institutional investments have also influenced the stock price positively.
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| 2024-03-27 | +0.3 % |
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| 2024-03-26 | +4.29 % |
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| 2024-03-25 | +0.18 % |
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| 2024-03-21 | +0.31 % |
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| 2024-03-20 | +0.31 % |
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| 2024-03-19 | +0.79 % |
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| 2024-03-18 | +2.89 % |
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| 2024-03-15 | +0.26 % |
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| 2024-03-12 | +0.38 % |
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| 2024-03-11 | +0.4 % |
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| 2024-03-08 | -1.03 % |
- Summary: Last night, MGM Resorts International (MGM) stock was down by 1.03%, which may have been influenced by a previous cyberattack on the company and subsequent disruptions.
Reason for Decline: The stock of MGM Resorts International may have gone down due to previous cybersecurity breaches in the company, similar to the recent cyberattack on UnitedHealth Group's subsidiary, Change Healthcare, showing how such security incidents can impact a company's operations and overall financial performance.
- Summary: President Joe Biden's State of the Union address focused on multiple issues, where he made some misleading claims regarding inflation, crime rates, clean energy investments, wages, and other subjects.
Reason for MGM Resorts International (MGM) stock decline: The decline in the stock market could be due to various factors, such as overall market conditions, economic indicators, company-specific news or performance, or investor sentiment. In this case, the stock market might have reacted to the information and uncertainties presented in President Biden's address, potentially impacting investor confidence and leading to a drop in the stock price of companies like MGM Resorts International.
- Summary: BetMGM, a leading sports betting and iGaming operator, launched a new responsible gaming advertisement featuring NHL star Connor McDavid to promote responsible gaming tools.
Reason for MGM Resorts International (MGM) stock going down: The article does not directly address why MGM Resorts International (MGM) stock went down by -1.03% last night, as it primarily focuses on the launch of a new responsible gaming ad by BetMGM featuring Connor McDavid. The stock movement could be influenced by various factors affecting the overall market or specific developments within the company that were not covered in this summary.
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| 2024-03-07 | +2.09 % |
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| 2024-03-01 | -0.74 % |
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| 2024-02-28 | +0.45 % |
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| 2024-02-27 | +0.6 % |
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| 2024-02-26 | -1.95 % |
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| 2024-02-23 | +0.35 % |
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| 2024-02-22 | +0.31 % |
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| 2024-02-20 | -0.42 % |
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| 2024-02-15 | +0.7 % |
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| 2024-02-14 | -6.26 % |
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| 2024-02-13 | -2.89 % |
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| 2024-02-09 | +0.67 % |
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| 2024-02-08 | +3.82 % |
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| 2024-02-07 | +0.07 % |
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| 2024-02-06 | +0.4 % |
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| 2024-02-05 | -0.82 % |
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| 2024-02-02 | +0.38 % |
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| 2024-01-31 | -0.66 % |
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| 2024-01-30 | -0.43 % |
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| 2024-01-29 | +0.46 % |
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| 2024-01-26 | +0.07 % |
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| 2024-01-24 | -0.44 % |
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| 2024-01-22 | -1.02 % |
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| 2024-01-18 | +2.95 % |
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| 2024-01-12 | -2.4 % |
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| 2024-01-10 | -2.51 % |
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| 2024-01-09 | -2.83 % |
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| 2024-01-08 | +2.41 % |
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| 2024-01-05 | +1.08 % |
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| 2024-01-04 | +0.23 % |
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| 2024-01-03 | -2.7 % |
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| 2024-01-02 | +1.79 % |
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| 2023-12-27 | +0.29 % |
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| 2023-12-22 | -0.25 % |
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| 2023-12-20 | -3.4 % |
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| 2023-12-19 | +3.4 % |
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| 2023-12-15 | -3.49 % |
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| 2023-12-12 | -0.39 % |
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| 2023-12-11 | +5.12 % |
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| 2023-12-07 | +1.12 % |
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| 2023-12-05 | -3.02 % |
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| 2023-12-04 | -1.2 % |
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| 2023-11-28 | -0.8 % |
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| 2023-11-27 | -0.42 % |
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| 2023-11-22 | +1.23 % |
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| 2023-11-21 | -1.12 % |
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| 2023-11-20 | +1.28 % |
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| 2023-11-17 | -1.02 % |
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| 2023-11-16 | -1.03 % |
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| 2023-11-15 | +0.92 % |
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| 2023-11-14 | +6.11 % |
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| 2023-11-13 | -2.07 % |
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| 2023-11-10 | +1.39 % |
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| 2023-11-09 | -1.14 % |
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| 2023-11-08 | +0.99 % |
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| 2023-11-06 | +0.31 % |
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| 2023-11-03 | +5.27 % |
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| 2023-11-02 | +3.66 % |
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| 2023-11-01 | +0.14 % |
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| 2023-10-31 | +0.26 % |
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| 2023-10-26 | +0.61 % |
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| 2023-10-25 | -5.54 % |
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