|Bid||5.20 x 4000|
|Ask||5.47 x 2200|
|Day's Range||5.28 - 5.61|
|52 Week Range||4.06 - 17.98|
|Beta (5Y Monthly)||1.78|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul 25, 2022 - Jul 29, 2022|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 28, 2020|
|1y Target Est||7.88|
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MACAU, May 19, 2022 (GLOBE NEWSWIRE) -- Promoting economic diversification in Macau, Melco is excited to announce the launch of Super Fun Zone at Studio City. Expected to open at the end of June 2022, Super Fun Zone is the new, family-friendly entertainment experience that will further complement the hospitality offerings of the fun-filled Studio City. Super Fun Zone’s 29,600 square foot venue will feature five themed zones laid across four levels, including Mountain, Forest, Under the Sea, Oute
Casino stocks are climbing on Friday after Shanghai officials announced that the city will attempt to reopen in a few days, weeks after the implementation of strict lockdowns. Las Vegas Sands (ticker: LVS), Melco Resorts & Entertainment (MLCO) and Wynn Resorts (WYNN) are a few of the U.S. listed Macau casino stocks that have felt the sting of the Shanghai lockdowns that began on March. Since the market closed on March 28, Las Vegas Sands stock has fallen 14.6%, while Melco Resorts stock has tumbled 32%, and Wynn Resorts stock has slipped 17.5%, according to FactSet.
The analysts covering Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ) delivered a dose of negativity to...