Melco Resorts & Entertainment – Time To Cash In Your Chips
April 26, 2017 at 17:49 PM EDT
We are closing out our bullish call on Melco Resorts & Entertainment (MLCO) and are moving to a neutral posture. Since our bullish call, the stock has appreciated from $16.06 to a recent price of $21.70, for a gain of about 35%.