MGM stock pulls back in premarket after Caesars takeover chatter lifts casino names
MGM shares fell 0.6% to $37.41 in premarket trading Friday after a 5.79% gain Thursday, driven by takeover speculation around Caesars Entertainment. Caesars reportedly received interest from Fertitta Entertainment, but declined to comment. Wynn Resorts and Las Vegas Sands also rose Thursday. Investors await U.S. producer price data due at 8:30 a.m. ET.