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Today's Research Reports on Trending Tickers: MGM Resorts and Boyd Gaming

NEW YORK, NY / ACCESSWIRE / January 22, 2019 /U.S. markets closed up on Friday for the fourth consecutive session amidst optimism over the U.S.-China trade talk. The Dow Jones advanced 1.38 percent to settle at 24,706.35, while the S&P 500 surged by 1.32 to close at 2,670.71. The Nasdaq jumped 1.03 percent to settle at 7,157.23.

“With the shutdown slowly taking 0.1 percentage point of GDP each week, the president knows a victory in resolving the trade war can give him leverage on continuing his battle with Democrats on his border wall funding,” said market analyst at OANDA, Edward Moya.

The Market Wealth Report Initiates Coverage on:

MGM Resorts International
https://marketwealthreport.com/report/MGM/

Boyd Gaming Corporation
https://marketwealthreport.com/report/BYD/

MGM Resorts' stock moved 2.96% higher Friday, to close the day at $28.56. The stock recorded a trading volume of 13,682,797 shares, which was above its three months average volume of 8,829,474 shares. In the last year, MGM Resorts' shares have traded in a range of 21.62 - 38.41. The share price has gained 32.1% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $26.00 is below its 200-day moving average of $27.49. Shares of the company are trading at a Price to Earnings ratio of 8.63. Shares of MGM Resorts have gained roughly 27.61 percent in the past month and are up 17.72 percent year-to-date.

Access The Market Wealth's MGM Resorts International Research Report:
https://marketwealthreport.com/report/MGM/

On Friday, shares of Boyd Gaming recorded a trading volume of 1,663,425 shares, which was below the three months average volume of 1,844,038 shares. The stock ended the day 3.49% higher at $26.71. The share price has fallen 33.95% from its 52 week high with a 52 week trading range of 18.98 - 40.44. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $23.36 is below its 200-day moving average of $30.31. Shares of the company are trading at a Price to Earnings ratio of 17.63. Shares of Boyd Gaming have gained roughly 35.65 percent in the past month and are up 31 percent year-to-date.

Access The Market Wealth's Boyd Gaming Corporation Research Report:
https://marketwealthreport.com/report/BYD/

Our Actionable Research on MGM Resorts International (NYSE : MGM ) and Boyd Gaming Corporation (NYSE : BYD ) can be downloaded free of charge at The Market Wealth Report.

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Disclaimer: This article is written by an independent contributor of MarketWealthReport.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. MarketWealthReport.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.marketwealthreport.com/disclaimer.

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SOURCE: Market Wealth Report