MGM Resorts and Las Vegas Sands face stock volatility amid market shifts

Various companies are experiencing stock market fluctuations across the US and Malaysia.

MGM Resorts International saw its stock fall below the 40 USD mark to 37.81 USD on September 18, 2026. The company is planning a Las Vegas promotion through September 26 to boost visitor numbers.

Las Vegas Sands Corp. shares were priced at 39.71 USD on September 22, 2026, sitting near its 52-week low. Analysts have revised their average one-year price targets downward by approximately 15.7 percent. The company reported a 2025 net profit of 1.63 billion USD, but recent quarterly earnings fell short of consensus estimates.

In Malaysia, Tenaga Nasional Bhd shares dipped to 12.94 MYR following announcements of additional electricity cost commitments totaling between 120 million and 150 million MYR for the remainder of 2026. While analysts remain divided on growth forecasts, some have downgraded the stock due to increased regulatory and cost pressures.

Genting Bhd remained stable at 6.05 MYR on September 22, 2026, failing to follow the broader upward trend of the FBM KLCI index. Meanwhile, ASA shares showed significant volatility, trading at 2.83 MYR, marking an 11.42 percent increase from its daily low.