Is MGM Stock Poised To Rise To $50 With Macau's Recovery?

A man walks in front of the Cotai's MGM hotel resort in Macau on March 15, 2023. (Photo by Eduardo ... [+] Leal / AFP) (Photo by EDUARDO LEAL/AFP via Getty Images)AFP via Getty ImagesMGM Resorts stock currently trades at $44 per share, roughly 19$50 seen on March 17, 2021. The stock has been impacted by the Macau operations, which saw business largely collapse over 2021 and 2022, due to stringent Covid-19 restrictions which hurt tourist inflows into the region. Now th ...