Movers roundup: MGM Resorts, Apollo Group

The Associated Press
June 26, 2013

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.