Where Will MGM Resorts Stock Be in 5 Years?
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MGM Resorts, which thrived post-pandemic due to the resurgence of in-person entertainment, now faces a peak in Las Vegas gambling. The company is looking towards international markets for future growth.
December 16, 2024 | 9:30 am
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NEUTRAL IMPACT
MGM Resorts thrived post-pandemic due to increased in-person entertainment but now faces a peak in Las Vegas gambling. The company is exploring international markets for future growth.
MGM Resorts' stock may not see immediate changes as the company is currently stable post-pandemic. However, the exploration of international markets suggests a strategic shift that could impact long-term growth. The short-term impact is neutral as the company is still in the exploration phase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100