Why Shares Of Marriott International Are Moving Today

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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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