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-0.000668300289596817 0.00200490086879045 0.00289596792158616 0.00267320115838727 0.00400980173758075 0.00735130318556468 0.00334150144798393 0.00334150144798393
Stock impact report

Where Will MGM Resorts Be in 5 Years with IAC's Help? [The Motley Fool]

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: The Motley Fool
MGM Resorts International(NYSE:MGMWhile the pandemic has undeniably created a historically painful demand shock for MGM's business, the longer-term picture remains intact. Here, we dive into where MGM looks to be headed five years from now.A recovering casino footprintImage source: Getty Images.COVID-9 halting casino operations makes balance sheet health all the more vital for enduring these tough times and even making it to 0. As of its last quarter, the company had $.8 billion in cash and equivalents on its balance sheet, and total liquidity of $8. billion including credit. That is more than any of its competitors, and provides the company with a cushion  to survive in a zero-revenue environment for several quarters.  Fortunately, zero revenue is an overly pessimistic forecast.During MGM's most recent quarter (ending June 0, 00), it began opening its properties back up across the United States. The executive team alluded to how encouraged it was with the initial response from consum Show less Read more
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