Shares of casino stocks with exposure to Macao had a great week this week after China announced economic stimulus plans. According to data provided by S&P Global Market Intelligence, shares of Melco Resorts & Entertainment (NASDAQ: MLCO) jumped as much as 31.5%, Las Vegas Sands (NYSE: LVS) was up 22.2%, ...
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Shares of gambling company Melco Resorts & Entertainment (NASDAQ: MLCO) jumped as much as 17% in trading on Thursday after news broke that China's political leadership, known as the Politburo, said it would provide "necessary fiscal spending" to meet 5% GDP growth targets. Investors think that could ...
motleyfoolusx:mlco
Chinese stocks leapt out of the gate Tuesday morning, with shares of Pizza Hut and KFC operator Yum China Holdings (NYSE: YUMC) rising 6.1% through 10 a.m. ET. Electric car manufacturer Li Auto (NASDAQ: LI) had gained 7.3% and casino powerhouse Melco Resorts & Entertainment (NASDAQ: MLCO) had gained ...
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