UPDATE: MGM Resorts Posts Q4 Loss

MGM Resorts International

reported a wider fourth-quarter loss. MGM Resorts posted a quarterly net loss of $1.22 billion, or $2.50 per share, versus a year-ago loss of $113.6 million, or $0.23 per share. Its revenue declined to $2.3 billion. MGM Resorts shares fell 0.71% to $12.65 in pre-market trading.