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MGM Stock Could Rise 60% If It Recovers To Pre-Inflation Shock Highs
MGMMGM Resorts International(MGM) Forbes·2025-01-15 10:00

LAS VEGAS, NV - SEPTEMBER 24: General views of the MGM Grand Las Vegas Hotel & Casino on September ... [+] 24, 2024 in Las Vegas, Nevada. (Photo by AaronP/Bauer-Griffin/GC Images)GC Images MGM Resorts stock (NYSE: MGM) currently trades at 32pershare(Jan.13),roughly3632 per share (Jan. 13), roughly 36% below its pre-inflation shock high of 50 seen on November 5, 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 i ...