Why MGM Resorts Stock Dropped 5% This Morning

MGM Resorts (NYSE: MGM) is scared of coronavirus. The measures it just announced to combat the virus's spread and preserve its business in the face of a still-growing pandemic spooked investors, too.

In 2:15 p.m. EDT trading, MGM shares are down 3.4% after dropping more than 5% earlier this morning.

Image source: Getty Images.

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Source Fool.com