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Regions Macau

Why MGM Resorts Stock Is Tumbling Despite an Earnings Beat

MGM Resorts International raised concerns about bookings for a Formula 1 car race coming up in Las Vegas in November, sending shares tumbling.

By: Investopedia
  • Aug 06 2024
  • 28
  • 12228 Views
Why MGM Resorts Stock Is Tumbling Despite an Earnings Beat
Why MGM Resorts Stock Is Tumbling Despite an Earnings Beat
  • MGM Resorts International raised concerns about advance bookings for a Formula 1 car race in Las Vegas scheduled for November, and the company's shares slid Thursday.
  • Chief Executive … [+1743 chars]

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