Melco Resorts & Entertainment is a holding company. Through its subsidiaries, Co. is engaged in the development, own and operation of resort facilities in Asia and Europe. Co.'s Macau operations including: City of Dreams, which is a premium-focused property, targeting customers and rolling chip players; Altira Macau, which is designed to provide a casino and hotel that caters to rolling chip customer; Studio City, which is a cinematically-themed resort and Mocha Clubs which comprise the non-casino based operations of electronic gaming machines. Co. also has a casino-based operation in Philippines, City of Dreams Manila; and the City of Dreams Mediterranean in Cyprus. The MLCO YTD return is shown above.
The YTD Return on the MLCO YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether MLCO YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the MLCO YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
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