MGM Stock Slumps 47.18% in Volume Ranking 503rd Amid Data Breach Settlement

On June 23, 2025, MGM's trading volume was $199 million, a 47.18% decrease from the previous day, ranking 503rd in the day's stock market. MGM shares fell 1.54%, marking the second consecutive day of decline, with a total decrease of 2.03% over the past two days.

MGM Resorts International has agreed to pay $45 million to settle lawsuits stemming from data breaches in 2019 and 2023. These breaches exposed the personal information of 37 million customers, highlighting the company's vulnerability to cyber threats and the potential financial impact of such incidents on its operations and reputation.

MGM Resorts International is scheduled to host the Spirit of Giving Gala on June 24, 2025, at the MGM Grand Detroit. This event aims to benefit the Pathways to Hope Program, demonstrating the company's commitment to community engagement and philanthropy.