The company’s earnings per share surged to 59 cents, up impressively from last year’s 4 cents. Additionally, the expansion into online gaming contributes to the stock’s rise. The rebound is attributed to the reopening of its Las Vegas and Atlantic City casinos after pandemic-related closures.
Its stock has surged 50% this year and a total of 60% over a year. MGM Resorts (NYSE: MGM) has displayed commendable performance.
