NasdaqGS:MLCOHospitality
Is Melco Resorts & Entertainment (MLCO) Attractive After Recent Share Price Swings?
If you are wondering whether Melco Resorts & Entertainment is a bargain or a value trap at around US$6.35, you are not alone. The answer starts with looking closely at what you are really paying for its business today.
The stock has had a mixed run, with a 3.6% gain over the last 7 days, a 20.7% decline over the last 30 days, a 15.4% decline year to date, but a 13.4% gain over the last year, set against much larger declines of 53.1% and 60.3% over the last 3 and 5 years.
Recent coverage of...