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Why Marriott Stock Was Up Big on Tuesday

TheMotleyFool

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Why Marriott Stock Was Up Big on TuesdayPhoto, wide shot, wide-angle lens, Diversified industrial company, sunset photo at golden hour, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/3bc2ecaa-ddda-4d9f-865e-4df253bbd22f.png

Shares of Marriott International (NASDAQ: MAR) were on the rise on Tuesday, up 4.38% to $150.92 at the closing bell. It was a good day on the markets overall, as the Dow Jones Industrial Average was up 754 points, or 2.43%, while the S&P 500 finished up 105 points, or 2.76%, on the day.

Marriott's jump was due to several factors, but perhaps most notably, it spiked on a very positive industry report.

Smith Travel Research, which is the primary data source for hotel industry trends, released its monthly hotel performance report for June on Tuesday, and it was a doozy.

Source Fool.com

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