Down 12%, This Stock Is a Screaming Buy Today
MGM Resorts International(MGM) The Motley Fool·2024-11-01 19:37
The fundamentals are good for this entertainment company, but the market's reaction to earnings gets the potential wrong.Shares of MGM Resorts (MGM -10.96%) fell as much as 12.4% on Thursday after the company released earnings, but the numbers weren't as bad as the market seems to think. In this video, Travis Hoium explains what happened and where MGM is stronger than you might think.*Stock prices used were end-of-day prices of Oct. 31, 2024. The video was published on Oct. 31, 2024. ...