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NYSE: MGMMGM Resorts International (MGM) stock, explained like you're 5
MGM Resorts International trades on the New York Stock Exchange under the ticker MGM. It is a mid cap company in the gambling, resorts & casinos industry, part of the consumer cyclical sector, with a market value of about 7.7 billion dollars.
- Ticker
- MGM
- Exchange
- New York Stock Exchange
- Sector
- Consumer Cyclical
- Industry
- Gambling, Resorts & Casinos
- Size
- Mid cap, about 7.7 billion dollars
How MGM Resorts International makes money
- Selling products and services people buy when they feel confident, like cars, travel, shopping and dining.
- Online and in store sales.
- Memberships, financing and services around the main product.
What moves MGM stock
- How confident shoppers feel and how much they spend.
- Interest rates, which affect big purchases.
- Prices, costs and competition.
In the news lately
- MGM CEO leaves door open to People Inc. bid as casino dealmaking heats up (CNBC)
- MGM Resorts International Stock: 7 Straight Red Days, Down 22% (trefis.com)
- MGM Resorts shares tumble after Diller's People withdraws $18 billion bid (Reuters)
- S&P 500, Dow End Lower As Investors Shrug Off Cooler Than Expected Inflation Data MGM, SPCX, AAPL, TSM In Focus (Stocktwits)
- MGM CEO open to acquiring People Inc. after role reversal talks (qz.com)
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Questions about MGM Resorts International stock
What does MGM Resorts International do?
MGM Resorts International trades on the New York Stock Exchange under the ticker MGM. It is a mid cap company in the gambling, resorts & casinos industry, part of the consumer cyclical sector, with a market value of about 7.7 billion dollars.
What is the ticker symbol for MGM Resorts International?
MGM Resorts International trades under the ticker MGM on the New York Stock Exchange.
How does MGM Resorts International make money?
Selling products and services people buy when they feel confident, like cars, travel, shopping and dining. Online and in store sales. Memberships, financing and services around the main product.
What moves MGM stock?
How confident shoppers feel and how much they spend. Interest rates, which affect big purchases. Prices, costs and competition.
How can I follow MGM stock every day?
Add MGM to your watchlist on Metric Finance. We post a free brief every trading day at 5 PM ET that explains what happened to the stocks you follow, in plain English.
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Educational information, not financial advice. This guide explains the business in general terms and does not include live prices.