Scion Asset Management, LLC 13F Filing Raises Stake In MGM Resorts By 100K
Portfolio Pulse from Benzinga Newsdesk
Scion Asset Management, LLC has increased its stake in MGM Resorts International by 100,000 shares, as revealed in its latest 13F filing.

February 14, 2024 | 8:06 pm
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Scion Asset Management, LLC's recent 13F filing shows a significant increase in its investment in MGM Resorts International, raising its stake by 100,000 shares.
The increase in stake by a prominent investment firm like Scion Asset Management could be perceived positively by the market, potentially leading to a short-term uptick in MGM's stock price. This action signals confidence in MGM Resorts' future prospects, possibly influencing other investors' sentiment.
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IMPORTANCE 75
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