Hilton Worldwide stock rallies 2.79% and outperforms competitors
Updated
Updated · MarketWatch · May 6
Hilton Worldwide stock rallies 2.79% and outperforms competitors
9 articles · Updated · MarketWatch · May 6
Shares closed at $321.51 on Wednesday, as the S&P 500 rose 1.46% to 7,365.12 and the Dow gained 1.24% to 49,910.59.
The advance marked Hilton's second straight daily gain, though the stock remained 6.74% below its 52-week high of $344.75 reached on 17 April.
Among peers, Airbnb rose 0.11%, Marriott added 1.28% and Hyatt climbed 4.56%, while Hilton trading volume of 1.8 million shares topped its 50-day average.
Why is Hilton’s stock rallying despite its CEO’s concerns over weak World Cup bookings?
As experts predict a luxury travel boom, why does Hilton's CEO believe mid-range hotels will also thrive?
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