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Why Marriott International Stock Jumped 37% in November

TheMotleyFool

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Why Marriott International Stock Jumped 37% in NovemberPhoto, 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 Marriott International (NASDAQ: MAR) were climbing last month after the world's biggest hotel operator posted a surprise profit in its third quarter earnings report and jumped on news of a coronavirus vaccine after Pfizer and BioNTech said that their candidate had a 95% efficacy rate in Phase 3 trials.

That news lifted the stock 37%, according to S&P Global Market Intelligence, and as the chart below shows, the vast majority of those gains came early in the month.