Las Vegas NBA Team Set to Be Most Expensive US Sports Franchise [BNN Bloomberg (Canada)]
MGM Resorts International (MGM)
Last mgm resorts international earnings: 4/30 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.mgmresorts.com
Company Research
Source: BNN Bloomberg
The list of potential suitors spans LeBron James and his backers to the company that owns the Red Bull brand, according to people familiar with the situation. The total price tag including building a new arena has the potential to hit $7 billion, according to two sports advisers who have previously sold NBA teams. Expansion in America's biggest sports leagues is rare. The NBA last added a team in 2004 when it awarded a franchise to Charlotte. The NFL hasn't grown since 2002 and Major League Baseball's most recent additions came in the late 1990s. There's also been a boom in team valuations. And Las Vegas has become a sporting destination — hosting the most recent Super Bowl and is adding a MLB team to its NFL, NHL and WNBA franchises. “Vegas is a unicorn,” said Michael Leeds, a sports economist and professor at Temple University. The combination of the city being a major tourist destination and booming sports town are going to make an NBA franchise a “huge draw.” There's been m
Show less
Read more
Impact Snapshot
Event Time:
MGM
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MGM alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MGM alerts
High impacting MGM Resorts International news events
Weekly update
A roundup of the hottest topics
MGM
News
- MGM Resorts International (NYSE: MGM) had its price target lowered by analysts at Wells Fargo & Company from $53.00 to $47.00. They now have an "overweight" rating on the stock.MarketBeat
- Sting blends charisma, intellect and sonic sophistication on tour: Concert review [USA TODAY]USA TODAY
- MGM Resorts International (NYSE: MGM) had its price target lowered by analysts at Barclays PLC from $56.00 to $54.00. They now have an "overweight" rating on the stock.MarketBeat
- MGM Resorts International (NYSE: MGM) had its price target lowered by analysts at JMP Securities from $57.00 to $56.00. They now have a "market outperform" rating on the stock.MarketBeat
- 9 Delicious Dishes To Enjoy On National Gumbo Day [Forbes]Forbes
MGM
Earnings
- 7/31/24 - Beat
MGM
Sec Filings
- 10/8/24 - Form 4
- 10/8/24 - Form 4
- 10/8/24 - Form 4
- MGM's page on the SEC website