Premarket Movers: MGM Eyes Real Estate Sale, Darden Beats Earnings
The premarket movers on CNBC include MGM Resorts (MGM), Darden Restaurants (DRI), Meta Platforms (META), and BlackBerry Limited (BB).
MGM stock is moving up 2.5% in the premarket after a report that the company will explore strategic alternatives for its real estate assets.
The proposed sale of MGM's Las Vegas Strip properties could bring in billions of dollars, according to analysts at Truist Securities.
Meanwhile, Darden Restaurants is up 1.6% in premarket trading after posting a strong quarterly earnings report yesterday.