Shares of world-class resort operator MGM Resorts International (NYSE: MGM) surged 19.7% in October, according to data compiled by S&P Global market Intelligence , on no specific company news, though the broader market itself was 8% higher for the month.
MGM was also heading into an early November earnings report that was expected to beat Wall Street profit forecasts, but when the report was issued the casino operator showed a surprise loss that caused its stock to crater more than 10%.
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For further details see:
Why MGM Resorts Soared in October and Plummeted to Kick Off November