Why Shares Of Marriott International Are Moving Today

Why Shares Of Marriott International Are Moving Today

Shares of Marriott International, Inc. MAR are trading higher On Wednesday in sympathy with peer company, Hilton Worldwide Holdings Inc. HLT, which gained following its second-quarter earnings results.

Hilton Worldwide reported better-than-expected second quarter financial results and also issued third quarter and fiscal year 2022 earnings per share guidance above analyst estimates... read more.

Marriott is set to report its second-quarter earnings before market open on August 2. 

Marriott International, Inc. operates, franchises, and licenses hotel, residential, and timeshare properties worldwide.

Price Action: Shares are up 4.6% at about $158 per share at the time of publication.

The stock has a 52-week high of $195.90 and a 52-week low of $127.58, according to data from Benzinga Pro.

Photo: Courtesy of Michal Mrozek on Unsplash

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