MGM Resorts: Impact Of Ransomware Attack [Seeking Alpha]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
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US:NYSE Investor Relations:
investors.mgmresorts.com
Company Research
Source: Seeking Alpha
The total financial impact of the cyberattack remains unknown, in particular with regard to increased costs and potential liability. With such significant unknowns, MGM stock is too risky to hold in the aftermath of the cyberattack and investors should sell. Whenever a special situation arises that causes a stock to suffer a quick decline, I usually like to kick the tires and see whether it's worth looking into from a value perspective. Often the market overreacts and there can be a buying opportunity. MGM Resorts International ( NYSE: MGM ) suffered a ransomware cyberattack on September 10, and has just announced that it has gotten most of its computers back online Investment Thesis There are currently too many factors about the cyberattack that are publicly unknown, leaving investors at significant risk. While analysts have estimated the daily losses in revenue, increased costs have not yet been reported, liability in the data loss is unknown, and the terms and amount of in
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MGM
News
- Vegas feels chill as Canadians cut back on travel [Yahoo! Finance Canada]Yahoo! Finance Canada
- MGM Resorts International (NYSE:MGM) was upgraded by analysts at Zacks Research from a "strong sell" rating to a "hold" rating.MarketBeat
- MGM RESORTS INTERNATIONAL ANNOUNCES NEW LONG TERM BRANDING AGREEMENT WITH MGM CHINAPR Newswire
- MGM Resorts International (NYSE:MGM) was given a new $38.00 price target on by analysts at Barclays PLC. They now have a "negative" rating on the stock.MarketBeat
- MGM RESORTS REACHES RESPONSIBLE GAMING MILESTONE BY SURPASSING 2,000 GAMESENSE ADVISORSPR Newswire
MGM
Earnings
- 10/29/25 - Miss
MGM
Sec Filings
- 12/9/25 - Form 4
- 12/9/25 - Form SCHEDULE
- 12/3/25 - Form 4
- MGM's page on the SEC website