MGM Mirage (MGM) Hit On Bad Las Vegas Sands (LVS) News
While Las Vegas Sands (NYSE: LVS) is still halted after announcing a large dilutive equity offering and the halting of some projects, shares of rival MGM Mirage (NYSE: MGM) are getting hit on the news. Shares of MGM are down nearly 17% today to $10.54.
MGM investors fear the company could have have similar news.
Kirk Kerkorian is the biggest loser on MGM today. He owns nearly 54% of MGM.
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