MGM Resorts International Common Stock (MGM)

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MGM Resorts is all set to announce its fiscal fourth-quarter earnings next month, and analysts project a double-digit profit growth.

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Stay informed about the performance of the S&P500 index one hour before the close of the markets on Friday. Uncover the top gainers and losers in today's session for valuable insights.

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As MGM Resorts has outperformed its sector peers recently, analysts remain moderately optimistic about the stock’s prospects.

Shares of digital media conglomerate IAC (NASDAQGS:IAC) fell 3.1% in the afternoon session after Oppenheimer downgraded the company's stock to 'Perform' from 'Outperform,' citing concerns about its valuation. 

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Las Vegas Sands has outperformed the consumer discretionary sector over the past year. Moreover, Wall Street analysts remain moderately optimistic about its prospects.

After outperforming its main competitor, next year could be a banner one for MGM Resorts International.

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