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0.000418176749372751 0.000696961248954518 0.00111513799832727 0.000139392249790785 -0.00195149149707277 -0.00264845274602749 -0.00961806523557307 -0.00822414273766383
Stock impact report

Casino stocks were flying, now they're flirting with a bear market [Financial Post (Toronto, Ontario, Canada)]

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: Financial Post
The summer of revenge spending is over, and many investors have decided that once high-flying casino stocks just aren't worth the gamble. Casinos were ripping through the first half of the year as relentless consumer spending sent demand for everything from concerts to blockbuster films soaring. On July 18, the S&P composite 1500 casinos and gaming index set a 52-week high and was up more than 28 per cent for the year compared with a 19 per cent gain in the S&P 500 index. Article content Article content Through September, however, the casinos index has crept closer to a bear market with an 18 per cent plunge since peaking, while the broader S&P lost just six per cent. MGM Resorts International has led declines, sinking 26 per cent since the casino gauge peaked. Golden Entertainment Inc. isn't far behind with a 24 per cent loss in that time. Of the 10 stocks in the index, only slot machine maker Light & Wonder Inc. was in the green over that period, mustering a 0.5 per cent ad Show less Read more
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