MGM Resorts International (MGM) stock price was down almost 3% after the earnings call. Jefferies' David Katz weighs in on the overall weakness in the travel and leisure stocks. He also discusses how MGM has a more stable balance sheet compared to its peers like Wynn Resorts (WYNN), Las Vegas Sands (LVS), and Caesars Entertainment (CZR). Jefferies currently has a buy rating on the MGM stock.
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