Why MGM Resorts’ Stock Has Lost A Third Of Its Value Despite Upbeat Revenue Growth
- Friday, June 26, 2020, 7:14
- Market
- Add a comment
MGM Resorts has a highly leveraged balance sheet with a long-term debt nearly twice the company’s market capitalization – much higher than that for its peers, Las Vegas Sands and Wynn Resorts. As the coronavirus crisis has lowered revenue growth expectations, MGM Resorts’ stock tanked from…
About the Author
admin123 has written 23433 stories on this site.
