MGM Stock Could Rise 60% If It Recovers To Pre-Inflation Shock Highs

LAS VEGAS, NV - SEPTEMBER 24: General views of the MGM Grand Las Vegas Hotel & Casino on September ... [+] 24, 2024 in Las Vegas, Nevada. (Photo by AaronP/Bauer-Griffin/GC Images)GC Images MGM Resorts stock (NYSE: MGM) currently trades at $32 per share (Jan. 13), roughly 36% below its pre-inflation shock high of $50 seen on November 5, 2021. The stock has been impacted by the Macau operations, which saw business largely collapse over 2021 and 2022, due to stringent Covid-19 restrictions which hurt tourist i ...