MGM’s hotels charged $1,000 a night on average for the Super Bowl, but the stock suffers a hangover

MGM Resorts International beat fourth-quarter earnings expectations, and said the Super Bowl effect was surprisingly “amazing” for its Las Vegas properties, but the stock continued to suffer from a post-game hangover Wednesday.

Chief Executive Bill Hornbuckle said on the post-earnings conference call with analysts that there had been some uncertainty about how much people would spend at MGM’s Las Vegas properties, given that they had to already spend so much to go the game, which was played in Vegas.

“We…

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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