Is There More Upside Ahead For Melco Resorts & Entertainment Ltd ADR (NASDAQ: MLCO)

Capital Research & Management Co has recently announced that it has increased stake in Melco Resorts & Entertainment Ltd ADR (NASDAQ:MLCO) by 7.36%. After grabbing 17.5 million shares, the institutional investor is now in possession of 1.2 million shares of the Consumer Cyclical Company. The new investment brought the stake of investor firm to 3.95% […]

Melco Resorts & Entertainment Ltd ADR (MLCO): Street Finally Waking Up

Capital Research & Management Co recently announced the acquisition of new stake in Melco Resorts & Entertainment Ltd ADR (NASDAQ:MLCO). The institutional investor has increased its shareholding in the Consumer Cyclical company by 7.36% to 17.5 million shares with purchase of 1.2 million shares. This fresh investment now brings its stake to 3.95% valued currently […]