Billions blown as Macau casino investors fold amid gambling review [Reuters]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.mgmresorts.com
Company Research
Source: Reuters
Slide after announcement of 45-day consultation on licences Consultation to discuss terms, govt involvement J.P. Morgan downgrades all Macau casino stocks HONG KONG, Sept 15 (Reuters) - Shares of Macau casino operators plummeted as much as a third on Wednesday, losing about $18 billion in value, as the government kicked off a regulatory overhaul that could see its officials supervising companies in the world's largest gambling hub. With Macau's lucrative casino licences up for rebidding next year, the plan spooked a Hong Kong market already deep in the red after Beijing's regulatory crackdown on sectors from technology to education and property that sliced hundreds of billions of dollars off asset values Wynn Macau (1128.HK) led the plunge, falling as much as 34% to a record low, followed by a 28% tumble for Sands China (1928.HK) . Peers MGM China (2282.HK) , Galaxy Entertainment (0027.HK) , SJM (0880.HK) and Melco Entertainment (0200.HK) all fell heavily, taking the drop t
Show less
Read more
Impact Snapshot
Event Time:
MGM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MGM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MGM alerts
High impacting MGM Resorts International news events
Weekly update
A roundup of the hottest topics
MGM
News
- Will A Macau Recovery Drive MGM Stock Higher Following Q1 Results? [Forbes]Forbes
- We Discuss Why MGM Resorts International's (NYSE:MGM) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year [Yahoo! Finance]Yahoo! Finance
- ZCG-Backed Affinity Interactive Appoints Scott Butera as President & Chief Executive Officer [Yahoo! Finance]Yahoo! Finance
- Cybersecurity In 2024 Gut-Check: What To Expect From AI, Automation And Beyond [Forbes]Forbes
- Las Vegas Sands' Loss Could Be MGM and Wynn's Gain [Yahoo! Finance]Yahoo! Finance
MGM
Earnings
- 2/13/24 - Beat
MGM
Sec Filings
- 4/11/24 - Form PX14A6G
- 4/9/24 - Form 8-K
- 4/3/24 - Form 4
- MGM's page on the SEC website