Marriott Makes New All-Time High After Q1 Beat

Marriott International Inc MAR shares are trading higher by $6.47 at $102.84 in Tuesday's session.

The catalyst for the rally is a Q1 beat EPS beat of of a dime along with a sales beat of $270 million.

After a higher open, Marriott had a brief retreat to $99.35 before continuing its move higher. That is well ahead of the top of Monday's range, when the stock made a new all-time high at $97.55.

So far, the ensuing rally has taken the stock to $103.22, but has fallen back into the upper $102.00 handle.