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Why Marriott International Stock Was Up 5.8% Today

TheMotleyFool

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Why Marriott International Stock Was Up 5.8% TodayPhoto, wide shot, wide-angle lens, Grocery store, Midday, harsh overhead sunlight, directional sunlightt, photo by Thomas Heaton: https://img.midjourneyapi.xyz/temp/9a6c3fc6-53ff-4c6e-848b-263660ac3eb0.png

Shares of hotel company Marriott International (NASDAQ: MAR) were up as much as 5.8% in trading on Tuesday after the company reported fourth-quarter 2021 financial results. Shares closed the day up 5.7%.

Total revenue jumped 105% from a year ago to $4.45 billion, and the company swung from a net loss of $164 million to net income of $468 million, or $1.42 per share. The comparison was against a very weak quarter in 2020 when COVID-19 led to many shutdowns around the world, so they should be taken with a grain of salt.

Image source: Getty Images.

Source Fool.com

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