News coverage about Melco Resorts & Entertainment (NASDAQ:MPEL) has been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Melco Resorts & Entertainment earned a news sentiment score of 0.10 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.4058302053072 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Separately, Wells Fargo & Co reissued a “neutral” rating on shares of Melco Resorts & Entertainment in a research note on Tuesday, July 4th.

Melco Resorts & Entertainment (NASDAQ MPEL) traded up 0.4235% on Wednesday, hitting $18.9700. Melco Resorts & Entertainment has a one year low of $11.91 and a one year high of $20.00.

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Melco Resorts & Entertainment Company Profile

Melco Resorts & Entertainment Limited, formerly Melco Crown Entertainment Limited, is a holding company. The Company, through its subsidiaries, develops, owns and operates casino gaming and entertainment casino resort facilities in Asia. It is principally engaged in the gaming and hospitality business in Asia and its principal operating and developmental activities occur in over two geographic areas, which include Macau and the Philippines.

Insider Buying and Selling by Quarter for Melco Resorts & Entertainment (NASDAQ:MPEL)

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