MGM Resorts International shares are trading higher after the company announced a multi-year North American partnership extension with the National Hockey League.
Portfolio Pulse from Benzinga Newsdesk
MGM Resorts International's stock is trading higher following the announcement of a multi-year partnership extension with the National Hockey League in North America.
December 19, 2023 | 8:27 pm
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POSITIVE IMPACT
MGM Resorts International's stock is experiencing an uptick due to the positive investor sentiment following the announcement of its extended partnership with the NHL.
The extension of the partnership with the NHL is likely to be viewed positively by investors as it may lead to increased brand visibility and potential revenue opportunities for MGM Resorts. This positive news is directly related to MGM and is expected to have a favorable impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100