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MSC News and Press, Studio City International Holdings Limited American depositary shares each representing four Class A From 05/02/22

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Company Name: Studio City International Holdings Limited American depositary shares each representing four Class A
Stock Symbol: MSC
Market: NYSE
Website: studiocity-macau.com

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MSC - Macau casino revenue plunges to 18-month low

Gross gaming revenue in Macau fell 68% year-over-year during April to 2.68B patacas ($331M), which marked the lowest tally for the gambling region in 18 months and fell short of the expectation of analysts. Revenue fell 27% in April from the level recorded in March and was 89% off from the pr...

MSC - MOMO and YQ among consumer movers

Gainers: Hello Group (MOMO) +19%. 17 Education & Technology Group (YQ) +17%. Pinduoduo (PDD) +16%. ATRenew (RERE) +15%. New Oriental Education & Technology Group (EDU) +13%. Losers: Sono Group (SEV) -19%. Cooper-Standard Holdings (CPS) -18%. Amazon (AMZN) -14%. Studio City Internation...

MSC - OCN, NVIV and XBIT among mid-day movers

Gainers: Statera Biopharma (STAB) +132%. SQZ Biotechnologies (SQZ) +35%. RCM Technologies (RCMT) +24%. Integrated Media Technology (IMTE) +21%. Ocwen Financial (OCN) +21%. Pitney Bowes (PBI) +20%. Allego (ALLG) +18%. PTC (PTC) +16%. LSI Industries (LYTS) +16%. XBiotech (XBIT) +...

MSC - PAVM, TBLT and ISPC among mid-day movers

Gainers: Vivakor (VIVK) +91%. Digital World Acquisition (DWAC) +33%. Studio City International Holdings (MSC) +31%. Tempest Therapeutics (TPST) +30%. PAVmed  (PAVM) +17%. AppTech Payments (APCX) +16%. Priority Technology Holdings (PRTH) +14%. Fusion Pharmaceuticals (FUSN) +14%. Alkermes ...

MSC - MSC, MAT and INVZ are among consumer movers

Gainers: Studio City International Holdings  (MSC) +30%. Mattel (MAT) +11%. Innoviz Technologies  (INVZ) +10%. TAL Education Group (TAL) +10%. Rush Street Interactive (RSI) +9%. Losers: Sono Group  (SEV) -14%. NextNav  (NN) -10%. Electric Last Mile Solu...

MSC - Jefferies advises caution on Chinese casino stocks

Casino stocks have enjoyed a solid start to the week, with even China-linked stocks making a slight comeback in the short term. Chinese stocks are attracting increased attention as Shanghai’s strict lockdown appears to be loosening. On April 20, the epicenter of the latest outbreak all...

MSC - Macau casino stocks could be impacted by new COVID deaths in Shanghai

Macau casino stocks are on watch again this week with investors looking to see how far the zero-tolerance policy in China can extend. The government in Shanghai has reportedly set a new target of zero cases at the community level by April 20, which means no new cases outside of quarantined zo...

MSC - Macau casino revenue slumps to 18-month low but Citi sees value stock picks

Macau gross gaming revenue fell 56% in March to 3.67B patacas ($455M) to slightly trail the consensus estimate for a 55% decrease. Ongoing COVID restrictions and concerns held back traffic during the month. Gross gaming revenue was down 54% in March from the level seen in February with the lo...

MSC - Studio City International Holdings Limited Announces Filing of Annual Report on Form 20-F for Fiscal Year 2021

MACAU, March 31, 2022 (GLOBE NEWSWIRE) -- Studio City International Holdings Limited (NYSE: MSC) (“Studio City” or the “Company”), a world-class integrated resort located in Cotai, Macau, today announced that it filed its annual report on Form 20-F for the f...

MSC - Las Vegas Sands and Melco Resorts headline big jump for Macau casino stocks

Macau casino stocks traded higher in Hong Kong on Wednesday after a pledge from China's central bank to keep capital markets stable and stimulate economic growth. A statement also indicated positive progress on the issue of Chinese stocks listed in U.S. markets. That stoked a strong rally in ...

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