Market news

At Enchanté in MGM Macau, Chef Ye Hui turns the rituals of hot pot into elaborate compositions of seafood, colour and Chinese craftsmanship

People Incorporated’s cancelled plan to acquire a 73.9% stake in MGM Resorts International (MGM) for US$9.3b in cash has left investors reassessing the stock’s standalone outlook. The cancellation hit short-term sentiment hard, with the share price down 3.3% on the day and the 30-day share price return falling 25.0% to US$32.58. The 1-year total shareholder return is down 8.5%, and longer multi-year returns have also been negative, which points to fading momentum despite ongoing interest from...

Las Vegas launches a 5-day citywide sale (Sept 22–26) with 180+ deals up to 60% off hotels, dining & shows—aimed at boosting tourism recovery.

MGM’s sharp sell-off left shares oversold near support, while heavy volume may signal seller capitulation and set the stage for a reversal.

People Incorporated keeps a 26.8% stake in MGM Resorts International after withdrawing its bid, reducing risk and preserving upside. Click for this PPLI update.

MGM Resorts submitted a bid to buy People Inc., sending the latter's stock up roughly 10% on Friday morning.

MGM weighs potential bid for People Incorporated (PPLI) after earlier takeover talks flip. PPLI stock surges 9% on news.

People Incorporated (NASDAQ:PPLI) shares rose 6. 5% in premarket trading following a Wall Street Journal report that MGM Resorts International (NYSE:MGM) is considering a potential takeover bid for the company.

People Inc. (PPLI) jumped 9% after hours on talk MGM may bid.

MGM Resorts International is upgraded to Strong Buy after a 22.9% drop. Click to read more on MGM's valuation, leverage strength, and Vegas/Macau outlook.

The Wall Street Journal, citing people familiar with the matter, reported that MGM is discussing a possible offer for Barry Diller’s People Inc.

The move comes after the Barry Diller-owned publisher withdrew a takeover bid for the hospitality company

The media mogul’s recipe for a casino empire came up a few ingredients short.

Shares of hospitality and casino entertainment company MGM Resorts (NYSE:MGM) fell 10.5% in the pre-market session after People Incorporated announced the withdrawal of its proposal to purchase all public shares of the company.

Analysts are reassessing MGM’s standalone outlook after People Inc. withdrew its takeover proposal, with BofA flagging near-term operating pressure and Mizuho pointing to longer-term project value.

Here are some of the companies making headlines in midday trading.

All three major US stock indexes fell in late-morning trading Thursday amid uncertainty in the Middl

MGM Resorts International's (MGM) near-term core trends in Las Vegas, Macau and digital could contin

Barry Diller's People Inc. has rescinded its offer to buy the remaining public shares of MGM Resorts.

Barry Diller's People Inc. has rescinded its offer to buy the remaining public shares of MGM Resorts.

Stock market movers today: futures dip amid U.S.-Iran tensions as Everpure jumps on outlook while SFIX, MGM, VKTX & TRU slide.

MGM Resorts International (MGM) is having a rough morning. Shares are down 10% after Barry Diller’s People Inc.

MGM Resorts International shares are trading lower after People Inc. withdrew its proposal to purchase all public shares of the company.

Barry Diller just pulled a blockbuster buyout offer for one of Las Vegas's biggest casino operators, and the market is punishing the stock hard while leaving rivals completely unscathed. Find out what his next move signals for MGM shareholders.

Diller's company, which owns 27% of MGM, left the door open to another deal

These are the stocks posting the largest moves in the premarket.

MGM Resorts has lagged the Nasdaq over the past year, while analysts remain reasonably optimistic about the stock’s potential upside.