Streetbeat News

MSC

Studio City International Holdings Limited

Industry

Gambling, Resorts & Casinos

Studio City International Holdings Limited operates a gaming, retail, and entertainment resort in Cotai, Macau. The company operates Studio City Casino with 250 mass market gaming tables; approximately 947 gaming machines; and 45 VIP rolling chip tables. Its resort provides various non-gaming facilities, including approximately 1,600 luxury hotel rooms; food and beverage outlets; figure-8 Ferris wheel; a night club and karaoke; a 5,000-seat live performance arena; and approximately 27,000 square meters of complementary retail space. The company was formerly known as Cyber One Agents Limited and changed its name to Studio City International Holdings Limited in January 2012. The company was founded in 2000 and is based in Central, Hong Kong. Studio City International Holdings Limited operates as a subsidiary of MCO Cotai Investments Limited.

Open

6.86

Mkt cap

1.3B

Volume

2.3K

High

6.86

P/E Ratio

-14.13

52-wk high

9.30

Low

6.50

Div yield

N/A

52-wk low

5.02

U.S. stocks were mixed on Friday, with the Dow Jones index gaining around 50 points. Notable stock movements included Asana's 13.4% rise following a $150 million share repurchase program, Sarepta Therapeutics' 39.2% jump after FDA approval, and Clover Health's 31% gain due to insider buying. Other significant gainers included Hertz Global, Avid Bioservices, Cabaletta Bio, ADTRAN Holdings, Studio City International, Codere Online Luxembourg, Methode Electronics, Ironwood Pharmaceuticals, Enviri Corporation, PTC Therapeutics, and Spirit AeroSystems.

Portfolio Pulse from Avi Kapoor

June 21, 2024 | 2:45 pm

Shares of companies in the hotel, restaurant, and leisure space are trading higher following a softer-than-expected May CPI Report. Additionally, the Federal Reserve left interest rates unchanged.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 7:15 pm

The article highlights the intraday movements of several consumer discretionary stocks on Wednesday. Notable gainers include Jowell Global (NASDAQ:JWEL), China Liberal Education (NASDAQ:CLEU), Stitch Fix (NASDAQ:SFIX), Nova Lifestyle (NASDAQ:NVFY), Studio City Intl Hldgs (NYSE:MSC), and GameStop (NYSE:GME). Significant losers include Barnes & Noble Education (NYSE:BNED), Jianzhi Education Tech (NASDAQ:JZ), Jiade (NASDAQ:JDZG), TH International (NASDAQ:THCH), Sportsman's Warehouse (NASDAQ:SPWH), and Golden Heaven Group Hldgs (NASDAQ:GDHG).

Portfolio Pulse from Benzinga Insights

June 05, 2024 | 4:31 pm

Studio City Intl Hldgs (NYSE:MSC) reported a significant improvement in Q1 results with losses narrowing to $(0.02) per share from $(0.17) YoY and sales increasing to $150.16M from $51.47M YoY.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 12:08 pm

Shares of companies in the consumer discretionary sector, including ABNB, ARHS, BIRD, DASH, DFH, DUOL, ECDA, EZGO, F, JL, JWEL, KXIN, LOBO, LOT, MSC, RGS, SG, SOND, TBLT, VFS, ZCMD, are trading lower due to overall market weakness.

Portfolio Pulse from Benzinga Newsdesk

April 15, 2024 | 7:50 pm

In Tuesday's after-market session, 12 consumer discretionary stocks saw significant movements. Notably, Faraday Future, Selina Hospitality, Global E Online, Newegg Commerce, Dave & Buster's Enter, and Kaixin Auto Holdings were among the gainers, with increases in their stock prices. Conversely, Studio City Intl Holdings, Connexa Sports Techs, SRIVARU Holding, Arcimoto, Lobo EV Technologies, and H World Group experienced declines. Dave & Buster's Enter reported Q4 earnings, influencing its stock performance.

Portfolio Pulse from Benzinga Insights

April 02, 2024 | 8:31 pm

Studio City Intl Hldgs (NYSE:MSC) reported a significant improvement in its Q4 earnings, with losses narrowing to $(0.10) per share from $(0.43) YoY, and sales skyrocketing to $141.25M from $4.24M YoY.

Portfolio Pulse from totan@benzinga.com

February 29, 2024 | 1:06 pm

Numerous companies are scheduled to report their earnings on February 29, 2024, covering a wide range of industries from technology to healthcare. This includes both expected quarterly profits and losses, with significant revenues anticipated for some. The diversity of sectors represented, from energy to financial services, highlights the broad economic implications of these reports.

Portfolio Pulse from Benzinga Insights

February 29, 2024 | 10:15 am

FLJ Group Limited's stock soared by 96.4% after announcing an agreement to acquire Alpha Mind Technology. Other stocks also saw significant movements in Friday's mid-day session, with Versus Systems Inc. leading the gainers after a strategic investment from Cronus Equity Capital Group. iRobot Corporation's stock rose due to Amazon's proposed acquisition nearing EU antitrust approval. iClick Interactive Asia Group Limited climbed after a merger deal. On the losers' side, LQR House Inc. dropped after receiving a Nasdaq delisting determination, and Impel Pharmaceuticals Inc. dipped following a recent surge.

Portfolio Pulse from Lisa Levin

November 24, 2023 | 5:21 pm

In Wednesday's intraday session, several consumer discretionary stocks experienced significant movements. Jowell Global (JWEL) saw a 20% increase, while Nova Lifestyle (NVFY) rose by 18.18%. Rocky Brands (RCKY) and American Public Education (APEI) also gained, with increases of 10.1% and 8.5% respectively. Studio City Intl Hldgs (MSC) shares went up by 8.4%. On the downside, ZHONGCHAO (ZCMD) dropped by 18.4%, Sonder Holdings (SOND) by 14.14%, and Urban Outfitters (URBN) fell by 12.59% after Q3 earnings. Esports Entertainment (GMBL) and Singing Machine Co (MICS) both saw declines of over 10%, with MICS reacting to its Q2 earnings report. SRM Entertainment (SRM) also decreased by 10.26%.

Portfolio Pulse from Benzinga Insights

November 22, 2023 | 5:31 pm

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