MGM - 6 Investment Firms Just Increased Their Stakes in MGM Resorts Stock. Should You Do the Same?
2024-07-18 05:45:00 ET
The gaming tables at casino operator MGM Resorts International (NYSE: MGM) are getting crowded. That's because a clutch of institutional investors have recently placed chips on the company through investments in its stock. Let's take a brief look at who these players are and a longer one at what's likely piquing their interest in the company.
No less than six entities have piled into MGM in recent months. According to data compiled in early July in Defense World , the half-dozen were the following:
Source: Defense World . Chart by author.
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6 Investment Firms Just Increased Their Stakes in MGM Resorts Stock. Should You Do the Same?