Earnings Scheduled For March 1, 2023
Companies Reporting Before The Bell
• Globalstar (AMEX:GSAT) is expected to report quarterly loss at $0.01 per share on revenue of $38.75 million.
China Fully Removes Macau Travel Restrictions, COVID-19 Testing Requirements: Here’s How To Play It
On Monday, China officially lifted all travel restrictions and limitations to Macau and scrapped COVID-19 texting requirements.
Macau casino operators are now hoping the end of pandemic restrictions will produce an extended period of pent-up demand among gamblers.
Why Options Trader Betting On Near-Term Upside In Melco Resorts & Entertainment
Shares of Wynn Resorts, Limited (NASDAQ: WYNN) gained on Tuesday after Wells Fargo upgraded the stock from Equal-Weight to Overweight and raised the price target from $74 to $101.
Why Las Vegas Sands, Melco Resorts & Entertainment And Wynn Resorts Shares Are Falling Wednesday
Las Vegas Sands Corp. (NYSE: LVS), Melco Resorts & Entertainment Ltd (NASDAQ: MLCO) and Wynn Resorts, Limited (NASDAQ: WYNN) shar
Why Las Vegas Sands, Melco Resorts & Entertainment And Wynn Resorts Shares Are Seeing Blue Skies Tuesday
Las Vegas Sands Corp. (NYSE: LVS), Melco Resorts & Entertainment Ltd (NASDAQ: MLCO) and Wynn Resorts, Limited (NASDAQ: WYNN) are
Why Cosmos Health Shares Are Trading Lower By Around 60%? Here Are 79 Stocks Moving In Monday’s Mid-Day Session
Gainers
Madrigal Pharmaceuticals, Inc. (NASDAQ: MDGL) shares jumped 259% to $229.35 after the company announced resmetirom achieved both primary endpoints in NASH and liver fibrosis trial.
Why Fitch Ratings Says Macau’s Gaming Industry Is Likely To See ‘Strong Pent-Up Demand’
On CNBC, Colin Mansfield of Fitch Ratings said Macau’s gaming industry is expected to see a "strong level of pent-up demand" amid the lifting of some travel-related covid-19 restrictions.
J.P. Morgan Sees Continued Upside In The Macau SAR-Centric Equities
J.P. Morgan analyst Joseph Greff provides insight on the outlook for gaming and lodging stocks/companies in the fiscal year 2023.
The analyst sees more compelling value and better risk-rewards in gaming versus lodging, given better values and differing sets of investors’ expectations for fundamentals.