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Fly News Breaks for March 8, 2017
MGM
Mar 8, 2017 | 09:19 EDT
Stifel analyst Steven Wieczynski blames yesterday's decline in MGM's stock on the company's statement that President Trump's travel ban "created some noise in Strip lodging trends during January and February.," a decline in National Harbor's win rate in February versus January, and the North Korea missile launch. However, the analyst notes that March has been more encouraging in Vegas so far, and he keeps a Buy rating on the shares.