How MGM Resorts Stock Could Drop Another 50%
1. MGM stock fell 18% while S&P 500 gained 18%. Valuation metrics appear appealing but risky. 2. MGM's revenue growth is sluggish, with only a 0.9% increase over the year. 3. High debt and narrow margins limit MGM's capacity to grow and respond to crises. 4. Past downturns saw MGM stock plummet significantly, indicating vulnerability to economic shocks. 5. Analysts caution about MGM's reliance on consumer spending amid economic uncertainties.