DRI Crosses Below Key Moving Average Level Tuesday, December 4, 12:33 PM ET, by Market News Video Staff In trading on Tuesday, shares of Darden Restaurants, Inc. (DRI) crossed below their 200 day ...
MGM Makes Bullish Cross Above Critical Moving Average Wednesday, December 12, 4:26 PM ET, by Market News Video Staff In trading on Wednesday, shares of MGM Resorts International (MGM) crossed above their 200 day ...
In trading on Wednesday, shares of MGM Resorts International (NYSE:MGM) crossed below their 200 day moving average of $13.12, changing hands as low as $12.89 per share. MGM Resorts International shares are currently trading down about 4.2% on the day. The chart below shows the one year performance of MGM shares, versus its 200 day moving average:
Looking at the chart above, MGM's low point in its 52 week range is $8.92 per share, with $16.94 as the 52 week high point — that compares with a last trade of $12.89.
MGM operates in the Hotels, Lodging, Restaurants & Travel sector, among companies like Hertz Global Holdings Inc (NYSE:HTZ) which is off about 3% today, and Darden Restaurants, Inc. (NYSE:DRI) trading lower by about 1.2%. Below is a three month price history chart comparing the stock performance of MGM, versus HTZ and DRI.
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