In today’s pre-market action, MLCO stock price showed light positive bias alongside other leisure and hospitality names, supported by optimism in cross-border travel demand. This sector correlation often amplifies price swings. Below, we take a look at Melco Resorts (MLCO) , a company that currently holds a Momentum Style Score of B. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. Melco Resorts & Entertainment Limited ( NASDAQ:MLCO - Get Free Report )'s share price dropped 4.6% during mid-day trading on Friday . The stock traded as low as $9.65 and last traded at $9.51. Approximately 53,922 shares traded hands during trading, a decline of 99% from the average daily volume of 3,787,084 shares. The stock had previously closed at $9.96.