MGM Resorts International (MGM): Today's Featured Leisure Winner
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. MGM Resorts International (MGM) pushed the Leisure industry higher today making it today's featured leisure winner. The industry as a whole closed the day up 0.6%. By the end of trading, MGM Resorts International rose 84 cents (6.8%) to $13.25 on heavy volume. Throughout the day, 47 million shares of MGM Resorts International exchanged hands as compared to its average daily volume of 10.7 million shares. The stock ranged in a price between $12.41-$13.50 after having opened the day at $12.44 as compared to the previous trading day's close of $12.41. Other companies within the Leisure industry that increased today were: Orbitz Worldwide (OWW), up 9.2%, Empire Resorts (NYNY), up 6.7%, Chuy's Holdings (CHUY), up 4.8%, and Chanticleer Holdings (HOTR), up 4.5%.
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