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Marriot Stocks MAR - News Analyzed: 748

β‡— Catch the Wave: Ups and Downs in Marriot Stocks MAR Amid Market Turbulences

Catch the Wave: Ups and Downs in Marriot Stocks MAR Amid Market Turbulences
Marriott International Inc. (MAR) experienced both rises and dips over the last period. The stock has seen a fall post-release of the fourth quarter revenue, which didn't meet market expectations. Nevertheless, despite occasional underperformance against its competitors, the MAR stock is trending, and some consider it a good buy on the dip. The upward trend in the rebounding market, backed by pent-up demand for tourism, saw its stock reach an all-time high. Despite a slowdown in the U.S. business, experts advise retaining the Marriott stock due to its overall solid 2023 unit growth and a healthy quarterly cash dividend and share buyback process. A three-year growth plan is underway, and Q4 2018 earnings did surpass estimates. However, revenue missed, and the future outlook is somewhat weak. While compared with Hilton's stock, the better option seems to vary. Strategic partnerships and expansion plans aim at boosting the company's presence on a global scale. There was also a data breach affecting several guests, and the stock sank post the news. Despite facing the hard blow of the pandemic, MAR seems to be making a recovery with the rebound in travel demands.

Marriot Stocks MAR News Analytics from Wed, 22 Feb 2012 08:00:00 GMT to Tue, 30 Apr 2024 07:00:00 GMT - Rating 5 - Innovation -2 - Information 7

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