MAY 21·GuruFocus▲
MGM Resorts International (MGM) Stock Up 3.1% and Still Underval
MGM Resorts International (MGM) shares recently rose 3.1% to $37.66. According to GuruFocus's GF Value™, the stock is considered "Modestly Undervalued" with a fair value estimate of $46.70. Despite a high current P/E ratio compared to its historical median, insider activity shows significant buying, suggesting confidence from within the company.
MAY 21·West Virginia University Athletics▲
Players Era, MGM Resorts International and ESPN Announce Brackets and Tournament Arena Locations for 2026 Players Era Men’s Championships
Players Era, MGM Resorts International, and ESPN have announced the brackets and arena locations for the 2026 Players Era Men's Championships. The event will feature two tournaments, the Players Era 8 and Players Era 16, held in Las Vegas at Michelob ULTRA Arena and T-Mobile Arena in November 2026, with all 37 games broadcast on ESPN networks. The championships will showcase top college basketball programs, including past national champions and numerous teams from the 2026 NCAA Tournament, promising a high-level early-season competition.