{"id":90733,"date":"2018-10-18T09:00:39","date_gmt":"2018-10-18T16:00:39","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=90733"},"modified":"2018-10-18T08:41:10","modified_gmt":"2018-10-18T15:41:10","slug":"melco-sells-359-million-of-studio-city-stock-on-nasdaq","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/melco-sells-359-million-of-studio-city-stock-on-nasdaq\/","title":{"rendered":"Studio City Macau Devoured on NASDAQ, as Melco Tries to Rebound From 2018 Stock Woes"},"content":{"rendered":"
Initial returns for Melco Resorts and Entertainment — owner of Studio City Casino in Macau — from its recently filed initial public offering (IPO) to sell shares of Studio City on the NASDAQ show the company sold $359 million worth of stock since filing with the Securities and Exchange Commission (SEC).<\/p>\n