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Stock of the Day: Is this the Bottom for MGM Resorts?

Source: benzinga.com

M&A & RestructuringTravel & LeisureInvestor Sentiment & Positioning
Stock of the Day: Is this the Bottom for MGM Resorts?

MGM Resorts shares fell about 11% after Barry Diller withdrew his proposal to acquire additional shares and terminated the planned transaction. Trading was quiet on Friday, but the failed deal removes a potential takeover-related catalyst for the casino operator.

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Market Sentiment

Overall Sentiment

strongly negative

Sentiment Score

-0.55

Ticker Sentiment

MGM-0.85

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