Why Shares of MGM Resorts Fell 5% on Thursday

What happened Shares of casino giant MGM Resorts (NYSE: MGM) fell as much as 4.9% in trading on Thursday after the company reported fourth-quarter 2020 financial results. Shares recovered slightly late in the day but were still down 3.5% at 3:40 p.m. EST.Read MoreMarketsMarkets Feed