Why Studio City Stock Was a Winning Bet This Week
Studio City(MSC) The Motley Fool·2024-04-05 21:21The gambling business in the Chinese enclave of Macao continues on its path to recovery.This week, Studio City International (MSC 6.13%) handsomely rewarded investors who placed bets on its stock. The company saw its share price rise by nearly 15% across the five trading days, according to data compiled by S&P Global Market Intelligence. Macao is getting busy, and Studio City is and should continue to be one of the beneficiaries of that trend.Macao crowds are coming backStudio City operates a large casino r ...