Historical mgm News Stories
People Inc. Raises Its Take-Private Bid for MGM Resorts With Firm $48.30/Share Offer—Board Still Reviewing
People Inc. (formerly IAC) has advanced a firm $48.30 per share cash bid to take MGM Resorts private; the board is evaluating the proposal amid strategic implications.
MGM Resorts Boosts Stock via $164 Million Share Buyback Executed in Q2
MGM Resorts repurchased 4 million shares for $164 million in Q2, signaling confidence—shares trade at $40.66 as of Sept 9.
MGM Resorts Special Committee Formed as Barry Diller’s $48.30 Offer Remains Under Review
MGM Resorts has formed an independent special committee to evaluate Barry Diller’s $48.30‑per‑share offer following Q2 strength, amid ongoing legal review.
MGM Resorts Q2 Beats Estimates as Las Vegas Business Strength and Digital Growth Drive Momentum
MGM Resorts topped Q2 revenue and adjusted EPS expectations on strong Las Vegas Strip performance and robust digital growth, while takeover chatter persists.
MGM Resorts Stock Reacts to Acquisition Bid and Analyst Upgrades
MGM Resorts' stock responds to acquisition bid and analyst upgrades.
MGM Resorts Stock Rises Amid Acquisition Talks and Analyst Upgrades
MGM Resorts' stock climbs following acquisition bid and analyst upgrades.
MGM Resorts Navigates Analyst Upgrades and Stock Fluctuations Amid Acquisition Bid
MGM Resorts receives acquisition bid, analyst upgrades, and stock volatility.
MGM Resorts Faces Acquisition Bid Amid Analyst Upgrades and Stock Volatility
MGM Resorts navigates acquisition offers, analyst upgrades, and stock fluctuations.
MGM Resorts International's Recent Developments and Their Impact on Stock Performance
Analyzing MGM's recent strategic moves and their influence on stock value.
MGM Stock: Jefferies Cut, Q1 Mix, Buybacks AfterQ1
MGM Resorts—an S&P 500 hotel and casino heavyweight—saw a mixed week: a Jefferies downgrade weighed on sentiment even as Q1 revenue hit a record, BetMGM turned profitable, and asset sales plus buybacks signaled capital flexibility amid leverage and litigation headwinds.
MGM Stock Rises on Digital Bets, Vegas Softness
MGM Resorts’ latest quarter showed a sharp jump in digital revenue and adjusted EPS, offset by softness in Las Vegas operations. Strategic property investments and stabilizing group bookings provide a potential runway for recovery while the company’s BetMGM momentum reshapes its earnings profile. Investors should watch booking trends, digital margin expansion, and Las Vegas revenue mix.
MGM Stock Slumps 6.9% After Sector Rally Reversal!
MGM Resorts dropped sharply after a broad sector pullback on Feb. 23, reversing gains fueled by Caesars’ strong Q4 results. This article breaks down the moves, key numbers, and what investors should watch next.
MGM Stock Surges as BetMGM Becomes Profitable Now!
MGM Resorts’ strongest quarter in recent years—fueled by BetMGM profitability, robust buybacks and steady international cash flows—offset Las Vegas Strip softness and drove renewed investor optimism. Recent results and analyst upgrades highlight tangible catalysts supporting the stock.
MGM Soars After BetMGM Q4 Turnaround
MGM Resorts rallied after strong Q4 results and a breakout profit at BetMGM. Positive earnings, sizable cash distributions, aggressive buybacks and an analyst upgrade pushed the S&P 500 constituent higher, shifting investor sentiment in a sector where peers delivered mixed results.