MGM Resorts International CFO purchased $340k stake, Q2 earnings surpassed expectations.
MGM Resorts International CFO, Jonathan S. Halkyard, recently purchased a stake worth $340,000 in the company, raising his total ownership to 38,299 shares valued at $1.3 million. Despite the pandemic, the company reported Q2 EPS of $0.86, beating analyst expectations, and revenue of $4.33 billion, surpassing consensus estimates. Institutional investors own 68.11% of the company's stock, and various analysts have provided ratings and price targets for MGM's stock.
August 09, 2024
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