Melco Resorts Plans Macau Move To Avoid US Delisting: FT
Tuesday, 2 August 2022, 12:02:48
Melco Resorts & Entertainment Ltd (NASDAQ: MLCO ) is planning to relocate its headquarters to Macau in order to avoid being delisted in the U.S., the Financial Times reported . The U.S. Securities and Exchange Commission had said about 200 … Full story available on Benzinga.com
— Benzinga
Melco Resorts & Entertainment Limited (NASDAQ: MLCO) Stock Forecast: Bearish Sentiment Portends -41.39% Downside In 2022
Monday, 25 July 2022, 15:30:00
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) price closed lower on Friday, July 22, dropping -2.60% below its previous close. A look at the daily price movement shows that the last close reads $5.78, with intraday deals fluctuated between $5.565 and $5.85. The company’s 5Y monthly beta was ticking 1.72. Taking into account the 52-week price … Melco Resorts & Entertainment Limited (NASDAQ: MLCO) Stock Forecast: Bearish Sentiment Portends -41.39% Downside In 2022 Read More »
— Stocks Register
Monday, 11 July 2022, 14:38:23
ContraFect (CFRX) -19%.United Maritime (USEA) -14%.Organovo Holdings (ONVO) -9%.Revelation Biosciences (REVB) -9%.Melco Resorts & Entertainment MLCO -7% after Chinese regulators close…
— Seeking Alpha
Buy – Melco Resorts & Entertainment Trading Down 9.2% Following Analyst Downgrade
Thursday, 7 July 2022, 07:17:08
Melco Resorts & Entertainment Limited ”s share price traded down 9.2% on Wednesday after Citigroup lowered their price target on the stock from $12.50 to $11.00. Citigroup…
— Business Mag
Stock Market Today: Weak Data Opens Trap Door Under Stocks
Tuesday, 28 June 2022, 22:13:23
Stocks started the day on solid footing as investors cheered reports that China is easing back its COVID-related restrictions by reducing the quarantine period for international travelers coming into the country to 10 days from 21 days. Those gains were short-lived, however, with markets taking a sharp turn lower after a round of weak economic data here at home. SEE MORE The 10 Best Stocks for a Bear Market For starters, the Richmond Fed Manufacturing Index, which measures manufacturing activity along the East Coast, fell to -19 in June from -9 in May, marking its lowest reading since May 2020. Additionally, the Conference Board”s latest consumer confidence survey fell to 98.7 in June, its second consecutive monthly decline and lowest level since February 2021. “Continued pressure from rising prices is clearly impacting the mindset of the consumer,” says Cliff Hodge, chief investment officer for Cornerstone Wealth. “Getting inflation under control will be the Fed”s number one priority.
— Kiplinger
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