U.S. stock futures traded slightly higher this morning. Here are some big stocks recording gains in today’s pre-market trading session.
Studio City International Holdings Limited (NYSE: MSC) shares jumped 21.6% to $4.78 in pre-market trading after dropping over 8% on Wednesday.
Shares of U.S.-listed Macau casino operators traded mostly higher on Monday after each was awarded new 10-year concessions over the weekend to continue operating.
JP Morgan boosted the price target on Melco Resorts & Entertainment Limited (NASDAQ: MLCO) from $7 to $10. JP Morgan analyst Joseph Greff upgraded the stock from Neutral to Overweight. Melco Resorts & Entertainment shares rose 10.3% to trade at $7.27 on Monday.
Melco Resorts & Entertainment Limited (Nasdaq: MLCO) ("Melco" or the "Company"), a developer, owner and operator of integrated resort facilities in Asia and Europe, today announces that the Macau government has provisionally awarded a ten-year concession to operate games of fortune and chance in casinos in Macau to Melco Resor
Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) reported a third-quarter FY22 sales decline of 46% year-on-year to $241.84 million from $446.39 million…