Melco Resorts Posts 47% Revenue Decline In Q2 Battered By COVID-19 Curbs In China And Macau
Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) reported a second-quarter FY22 sales decline of 48% year-on-year to $296.11 million, versus…
Earnings Scheduled For August 18, 2022
Companies Reporting Before The Bell
• Calliditas Therapeutics (NASDAQ:CALT) is expected to report quarterly loss at $1.00 per share on revenue of $7.50 million.
Melco Resorts & Entertainment Considers Macau Move To Avoid U.S. Delisting
-FT
https://www.ft.com/content/32773a90-a9ad-4594-aa8b-06ec48064085
Macau Reported Lowest Monthly Revenue on Record in July After Covid Closures; Down 95.3% vs July 2021
https://igamingbusiness.com/casino-games/land-based-casino/macau-to-worst-ever-month/
Macau to Reopen City as No COVID Infections Detected for 9 Days
-Reuters
https://www.reuters.com/world/china/macau-reopen-city-no-covid-infections-detected-9-days-2022-08-01/?taid=62e761624e1fc80001e6f4dc&utm_campaign=trueAnthem:+Trending+Content&utm_medium=trueAnthem&utm_source=twitter
Macau Casinos to Reopen Saturday as Lockdown Ends
https://www.wsj.com/articles/macau-casinos-to-reopen-saturday-after-covid-19-shutdown-11658331404
12 Consumer Discretionary Stocks Moving In Monday’s After-Market Session
Gainers
Visionary Education Tech (NASDAQ:VEDU) stock increased by 6.0% to $1.23 during Monday's after-market session. The company's market cap stands at $48.2 million.