Positive. MGM Resorts stock surged 7.3% due to Macau's 19% increase in gaming revenue.
From StockStory Inc.: 2025-07-01 16:55:00
Shares of MGM Resorts (NYSE:MGM) surged 7.3% as Macau reported a 19% increase in June 2025 gaming revenue, reaching $2.61 billion. This positive news boosted shares of casino operators with exposure to the region, including MGM. The stock closed at $36.89, up 7.2% from the previous close. MGM Resorts has seen 9 moves greater than 5% in the past year, indicating today’s jump is significant. The stock is up 9.1% since the start of the year but still trades 21.5% below its 52-week high. Investors who bought $1,000 of MGM 5 years ago would now have a $2,190 investment.
Read more at StockStory Inc.: Why MGM Resorts (MGM) Stock Is Up Today