MGM Mirage Stock Rises While Other Gaming Stocks Fall

MGM Mirage MGM Mirage stock rebounded in the afternoon on Friday after having a tough morning. The stock, unlike most other US based gaming stocks, had an increases in price for the day.

While other gaming stocks were falling on Friday, MGM closed the day at $11.62 a share. It was an increase of 2.65%, or $.30. The increase, however, may be short-lived with analysts believing that the stock could fall in the coming weeks.

Of all the US-based gaming stocks, Las Vegas Sands had the worst day to close out the week. Sands stock was down 4.35%, closing at $16.28. The stock dropped in each of the past three days after reaching $18.47 early Wednesday.

Boyd Gaming was another stock that fell over four percent to finish off the trading week. Boys stock closed at $8.38 a share, down 4.34%. Wynn Resorts, while remaining the most stable of the US gaming stocks, fell 2.17%, to $63.95.

There were other stocks that took losses on Friday but were not hit as hard as MGM and Boyd Gaming. Century Casinos, Pinnacle Entertainment, and Ameristar Casinos all fell less than two percent, closing at $2.34, $8.47, and $15.06, respectively.