Movers roundup: MGM Resorts, Apollo Group

Movers roundup: MGM Resorts shares rise on upgrade; Apollo Group falls on 3Q results

Associated Press

Among the stock activity stories for Wednesday, June 26, from AP Business News:

— MGM Resorts International's shares rose after a Nomura Equity Research analyst boosted his rating and price target for the casino restor operator's stock, saying a recent pullback in its stock price presents a good buying opportunity.

— Shares of Apollo Group Inc. fell after the for-profit education company reported a steep drop in fiscal third-quarter net income and issued a lower-than-expected revenue prediction for the full year.

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