La chaîne d'options affiche les données clés des options sur actions de Marriott Intl à différents prix d'exercice et dates d'expiration. Les traders utilisent ces informations pour analyser les transactions potentielles et évaluer le sentiment du marché pour Marriott Intl..

Marriott Intl (NASDAQ:MAR) Stock, Chaîne d'Options

Marriott Intl

Marriott International

NYSE

Marriott operates 1.7 million rooms across roughly 30 brands. At the end of 2023, luxury represented roughly 10% of total rooms, premium 42%, select service was 46%, midscale 1%, and other 1%. Marriott, Courtyard, and Sheraton are the largest brands, while Autograph, Tribute, Moxy, Aloft, and Element are newer lifestyle brands. Managed and franchised represented 97% of total rooms as of Dec. 31, 2023. North America makes up 63% of total rooms. Managed, franchise, and incentive fees represent the vast majority of revenue and profitability for the company.

Marriot International

Marriott International - Class A Common Stock

Marriott International Inc

MARA Holdings Inc

First Trust Merger Arbitrage ETF

MARIMACA COPPER CORP by Marimaca Copper Corp.

Marimaca Copper Corp

REMARK HOLDINGS INC by Remark Holdings, Inc.

Remark Holdings Inc

SHL Telemedicine Ltd FT Vest U.S. Equity Max Buffer ETF - March

Maro

Marine Petroleum Trust - Units of Beneficial Interest

Marine Petroleum Trust

UnMarshal

AIM ETF Products Trust AllianzIM U.S. Large Cap Buffer10 Mar ETF

Marubeni Corp

MARVEL DISCOVERY CORP by MARVEL DISCOVERY CORP.

Marvel Discovery Corp

AIM ETF Products Trust AllianzIM U.S. Large Cap Buffer20 Mar ETF

Mars Acquisition Corp

Mars Acquisition Corp. - Rights

TrueShares Structured Outcome (March) ETF

Marston's PLC

MARRIOTT INTERNATIONAL CL A ORD

The U.S. stock market struggled to gain momentum on Monday as investors remained cautious ahead of <a href="https://www.benzinga.com/topic/election-day">Election Day on Tuesday</a>. 
Vice President Kamala Harris holds a 1-point lead over ex-President Donald Trump, according to the New York Times national polling average; she has a 4-point lead among likely voters nationally, <a href="https://maristpoll.marist.edu/polls/u-s-presidential-contest-november-2024/">according to the latest PBS News/NPR/Marist poll</a>.
Betting markets, as tracked by the CFTC-regulated Kalshi, favor a Trump win at a 53% chance, <a href="https://www.benzinga.com/general/politics/24/11/41702729/harris-surges-in-prediction-markets-nabs-kalshi-lead-with-just-three-days-to-go">but with diminishing odds</a> compared to previous weeks. Also, the betting odds are susceptible to wild swings from so-called "whale" bettors, including one individual on Polymarket <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41463756/polymarket-to-review-user-base-in-light-of-whales-betting-millions-on-trump-election-win" target="_blank" rel="noreferrer noopener">who spent as much as</a> $43 million on a Trump victory.
See Also: <a href="https://www.benzinga.com/markets/cryptocurrency/24/11/41717129/polymarkets-all-time-leading-trader-bets-over-500-000-on-kamala-harris-slams-nate-silver-f">Polymarket&#8217;s All-Time Leading Trader Bets Over $500,000 On Kamala Harris, Slams Nate Silver For Including &#8216;Fake Poll&#8217; Data In Model</a>
&#8220;Neither candidate holds a meaningful edge in enough states to win 270 electoral votes. In the history of modern polling, there's never been a race where the final polls showed such a close contest,&#8221; said Nate Cohn, chief political analyst for the New York Times. 
The S&amp;P 500 slipped 0.2%, while the Dow dropped 0.6%, hitting its lowest intraday level since mid-September. In contrast, small-cap stocks in the Russell 2000 outperformed, rising 1%. The Nasdaq 100 also retreated, dipping below the 20,000 mark.
Treasury yields fell by nearly 10 basis points as investors scaled back positions linked to Trump&#8217;s inflationary policies, such as high tariffs and more expansionary fiscal measures. The dollar also weakened, down 0.5%.
The increasing likelihood of a Harris victory gave a boost to solar and renewable energy stocks, with the Invesco Solar ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TAN#NYSE">TAN</a>) climbing 3.6%. 
Oil and gas stocks also gained, as crude prices surged 3% after OPEC+ postponed an anticipated production hike. Exxon Mobil Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XOM#NYSE">XOM</a>) jumped 3%, marking its largest single-day gain since late June.
Gold held steady at $2,740, while Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) fell over 1%, dropping below $68,000.
<h3 class="wp-block-heading">Monday&#8217;s Performance In Major US Indices, ETFs</h3>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>1-day %chg</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,230.95</td>
<td>1.0%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,715.31</td>
<td>-0.2%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,978.22</td>
<td>-0.3%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>41,807.92</td>
<td>-0.6%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:45 p.m. ET</figcaption></figure>
According to <a href="https://bzresearch.myclickfunnels.com/benzinga-pro-content-webinar-registration/?utm_source=BZprocontent110424&amp;t=be2bearmibe3na1">Benzinga Pro</a> data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 0.1% to $570.22.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>)&nbsp;fell 0.5% to $418.44.</li>
<li>The tech-heavy Invesco QQQ Trust Series (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) fell 0.2% to $486.77.</li>
<li>The iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rose 1.1% to $221.27.</li>
<li>The Energy Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>) outperformed, rising 1.7%. The Utilities Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLU#NYSE">XLU</a>) lagged, down 1.5%.</li>
</ul>
<h3 class="wp-block-heading">Monday&#8217;s Stock Movers</h3>
Stocks reacting to earnings reports included: 
<ul>
<li>Zoetis Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZTS#NYSE">ZTS</a>), down 3.9%, </li>
<li>Constellation Energy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NYSE">CEG</a>), down 10.5%, </li>
<li>Marriott International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>), down 1.8%, </li>
<li>Fidelity National Information Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FIS#NYSE">FIS</a>), down 0.4%, </li>
<li>Public Service Enterprise Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PEG#NYSE">PEG</a>), down 5.9%, </li>
<li>TPG Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TPG#NASDAQ">TPG</a>), down 5.5%. </li>
<li>Fox Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FOX#NASDAQ">FOX</a>), up 3.7%, </li>
<li>YUM China Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YUMC#NYSE">YUMC</a>), up 7.9%, </li>
<li>Loews Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/L#NYSE">L</a>), down 4.8%, </li>
</ul>
Stocks slated to report earnings after the close are Vertex Pharmaceuticals Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRTX#NASDAQ">VRTX</a>), Palantir Technologies Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PLTR#NYSE">PLTR</a>), NXP Semiconductors NV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXPI#NASDAQ">NXPI</a>), Diamondback Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>), American International Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AIG#NYSE">AIG</a>), Illumina Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>), Hologic Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLX#NASDAQ">HOLX</a>) and Astera Labs Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAB#NASDAQ">ALAB</a>).
Now Read:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41702887/harris-takes-lead-in-red-state-iowa-in-shock-poll">Harris Takes Lead In Red State Iowa In Shock Poll</a></li>
</ul>
Image: Shutterstock

Equities

Large Cap

Macro Economic Events

Mid Cap

Broad U.S. Equity ETFs

Politics

Economics

Tech

ETFs

$BTC

ALAB

SPDR Dow Jones Industrial Average ETF Trust

FANG

HOLX

ILMN

NXPI

PLTR

VRTX

Select Sector SPDR-Consumer Discretionary

YUMC

Wall Street Struggles Ahead Of Election Day, Energy Sector Outperforms, Solar Stocks Rise: What's Driving Markets Monday?

News

Analyst Ratings

Trading Ideas

Live On CNBC, Josh Brown Says "Marriott Set To Break Out"

Welcome to the most important week of trading in 2024! If you think this is an overstatement, I challenge you to find a better one. The General Election is on Tuesday, and whether we see the results of who will occupy the White House by Wednesday morning or not, we will have chosen a route at the fork in the road. 
Pre-market futures are flat currently: the Dow is -17 points while the S&amp;P 500 is +6 and the Nasdaq +3 points. Bond yields are now a lukewarm +4.28% on the 10-year and +4.135% on the 2-year. When returns begin coming in Tuesday evening, we may then start to see the stock market wrangle a new direction.
<h2>Election Tuesday; Election Results&hellip;?</h2>
Whether Donald Trump returns to office as only the second non-consecutive two-term President (Grover Cleveland, 1884 and 1892) or Vice President Kamala Harris steps to the fore as the 47th president, based on how close polling data remains, we may not know the answer until sometime after Wednesday morning. Recall that in 2020, Joe Biden wasn&#39;t officially declared the winner until Saturday morning of Election Week.
There are far too many variables currently to fashion a market response, and we should be OK with this, near-term. The S&amp;P in 2024 so far is up +20% &mdash; not too shabby for an economy that was supposed to be mired in a deep recession at this time.
<h2>Fed Rate Decision Thursday</h2>
The last time the Federal Open Market Committee (FOMC) got together, back in mid-September, it cut interest rates for the first time since March 2020, when they were pulled to 0-0.25% ahead of the Covid pandemic. Coming down 50 (basis points) bps instead of the widely expected 25 bps, the Fed funds rate was brought down to 4.75-5.00%. Thursday&#39;s move lower will be the first time we&#39;ve had sub-5% interested rates since February 2023.
We&#39;ve had a month and a half&#39;s worth of economic data between that last cut and Thursday&#39;s pending decision, and based on a mere 12K new jobs filled in October alone, it looks like a 25 bps trim is baked into the cake. The market&#39;s already there, although not in a mood to bid higher until after these heavy shoes drop.
<h2>Q3 Earnings Season Heats Up, Post-Marquee Names Reporting</h2>
Far too many companies are reporting to properly shake a stick at, so here&#39;s a few choice results which caught our eye this morning:
Marriott (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mar#NASDAQ">MAR</a>) posted slight misses on both top and bottom lines this morning, with Q3 earnings of $2.26 per share missing the Zacks consensus by 5 cents. Revenues of $6.26 billion were -0.45% below analysts&#39; expectations. Shares are down -2% on the news.
<a href="https://www.zacks.com/stock/news/2363563/wall-street-awaits-u-s-presidential-election-fomc-meeting?cid=CS-BENZ-FT-economic_highlights-2363563">To read this article on Zacks.com click here.</a>

Government

Markets

General

Wall Street Awaits U.S. Presidential Election, FOMC Meeting

Marriott International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) shares dropped Monday following third-quarter earnings <a href="https://www.benzinga.com/news/earnings/24/11/41714051/marriott-international-q3-earnings-china-market-weakness-drags-on-performance-adjusts-full-year-out">that missed expectations</a>. Despite a decline, the stock appears to have found support at a key price level, reflecting &#8220;market memory.&#8221;
Sometimes, a price level that had previously been resistance can turn into a support level months later, as you can see on the Marriott chart, which is why our team of technical analysts and traders has made it our Stock of the Day.
In July, Marriott&#8217;s stock was trending higher as demand outpaced supply, pushing buyers to drive the price up to attract sellers.
When the shares reached the $254 level, the dynamic changed. There was more than enough stock for sale. Every buy order could be filled without pushing the price higher.
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="541" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04113450/MAR-chart-1024x541.png" alt="" class="wp-image-628361" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04113450/MAR-chart-1024x541.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04113450/MAR-chart-300x158.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04113450/MAR-chart-768x406.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04113450/MAR-chart-1536x811.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/04113450/MAR-chart.png 1581w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read Also: <a href="https://www.benzinga.com/markets/equities/24/11/41704748/tesla-investors-confuse-valuation-and-stock-price-says-gary-black-as-investor-sees-recovery-in-s">Tesla Investors Confuse &#8216;Valuation And Stock Price,&#8217; Says Gary Black As Investor Sees Recovery In Stock</a>
But then some of the sellers worried that other sellers would undercut them. They knew the buyers would go to whoever was willing to sell for the lowest price, so they reduced the prices at which they were willing to sell.
Other worried sellers saw this and did the same. This caused a snowball effect, driving the shares into a downtrend.
Marriott broke the resistance at $254 in early October and moved higher. When this happened, many of the traders and investors who sold their shares at the resistance thought they had made a mistake. A number of them decided to buy their shares back.
But they would only do so if they could get them for the same price they were sold.
Now that the stock has reversed and dropped back to around $254, many of these remorseful sellers are placing buy orders. The large concentration of these orders has created support around a price level that had previously been resistance.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/economics/macro-economic-events/24/11/41715076/oil-prices-spike-by-over-3-as-opec-delays-production-increases-ahead-of-us-electi">Oil Prices Spike By Over 3% As OPEC+ Delays Production Increases Ahead Of US Elections: 5 Energy ETFs To Watch Monday</a></li>
</ul>
Photo: Shutterstock

Technicals

Stock Of The Day: Can 'Market Memory' Support Marriott After Earnings Miss?

U.S. stocks traded lower this morning, with the Dow Jones index falling more than 200 points on Monday.
The Dow traded down 0.63% to 41,787.93 while the NASDAQ fell 0.04% to 18,233.26. The S&amp;P 500 also fell, dropping, 0.18% to 5,718.35.
Check This Out: <a href="https://www.benzinga.com/news/24/10/41653495/top-2-real-estate-stocks-you-may-want-to-dump-this-quarter">Top 2 Real Estate Stocks You May Want To Dump This Quarter</a>
Leading and Lagging Sectors Energy shares rose by 2% on Monday.
In trading on Monday, utilities shares fell by 1.1%.
Top Headline
Marriott International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) reported worse-than-expected third-quarter financial results and issued FY24 adjusted EPS guidance below estimates.
The company reported a third-quarter adjusted EPS of $2.26, missing the street view of $2.31. Quarterly sales of $6.26 billion marginally missed the analyst consensus of $6.27 billion.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Nuwellis, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NUWE#NASDAQ">NUWE</a>) shares shot up 126% to $3.0800 after the company announced preliminary third-quarter financial results.</li>
<li>Shares of Simpple Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPPL#NASDAQ">SPPL</a>) got a boost, surging 72% to $0.5514.</li>
<li>Advent Technologies Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADN#NASDAQ">ADN</a>) shares were also up, gaining 68% to $3.2001 after the company announced its RHyno project secured a €34.5 million grant from the EU Innovation Fund to advance fuel cell and hydrogen technology.</li>
</ul>
Equities Trading DOWN
<ul>
<li>1847 Holdings LLC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EFSH#NYSE">EFSH</a>) shares dropped 38% to $0.2894. The company on Friday announced a 1-for-15 reverse stock split of its common shares, effective November 11.</li>
<li>Shares of The E.W. Scripps Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSP#NASDAQ">SSP</a>) were down 35% to $2.2850 following downbeat quarterly earnings.</li>
<li>Fundamental Global Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FGF#NASDAQ">FGF</a>) was down, falling 29% to $15.51.</li>
</ul>
Commodities In commodity news, oil traded up 2.4% to $71.16 while gold traded down 0.1% at $2,746.70.
Silver traded down 0.2% to $32.625 on Monday, while copper rose 1.4% to $4.4355.
Euro zone
European shares were mostly lower today. The eurozone's STOXX 600 fell 0.2%, Germany's DAX fell 0.4% and France's CAC 40 fell 0.4%. Spain's IBEX 35 Index fell 0.1%, while London's FTSE 100 rose 0.3%.
Asia Pacific Markets
Asian markets closed mixed on Monday, with Hong Kong's Hang Seng Index gaining 0.30%, China's Shanghai Composite Index gaining 1.17% and India's BSE Sensex falling 1.18%.
Economics
U.S. factory orders declined by 0.5% from the previous month to $584.2 billion in September compared to a revised 0.8% fall in August.
Now Read This: 
<ul>
<li><a href="file:///C:/Users/Avi%20Kapoor/Desktop/Benzinga/Top%202%20Utilities%20Stocks%20That%20May%20Crash%20This%20Quarter">Top 2 Utilities Stocks That May Crash This Quarter</a></li>
</ul>

Earnings

Eurozone

Commodities

Intraday Update

EFSH

NUWE

SPPL

Dow Falls Over 200 Points; Marriott Posts Downbeat Earnings

Marriott Executive Says U.S. And Canada RevPAR Expected To Fall 300 Basis Points In November, 100 Basis Points In Q4 Due In Part To Election

Marriott Executive Expects Stronger RevPAR Growth In Q4 For Most International Markets Compared To U.S. And Canada; Greater China Anticipated To See Negative RevPAR For Q4 And FY24, With Limited Impact From China's Stimulus

Marriott International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) stock fell Monday after its <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/n41709563/marriott-international-reports-third-quarter-2024-results" rel="noreferrer noopener">third-quarter print</a>.
The company reported a third-quarter adjusted EPS of $2.26,&nbsp;missing the <a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">street view of $2.31</a>. Quarterly sales of $6.26 billion marginally missed the&nbsp;analyst consensus of $6.27 billion.
Also Read: <a target="_blank" href="https://www.benzinga.com/news/24/11/41710271/roaring-kitty-stock-chewy-set-to-join-s-p-midcap-400-index-will-replace-stericycle" rel="noreferrer noopener">Roaring Kitty Stock Chewy Set to Join S&amp;P MidCap 400 Index, Will Replace Stericycle</a>
RevPAR in the U.S. and&nbsp;Canada&nbsp;increased 2.1%, and RevPAR in international markets increased 5.4%, as Greater China RevPAR declined 7.9%.
Adjusted EBITDA for the quarter was $1.23 billion, up from $1.14 billion in the year-ago period.
Base management and franchise fees totaled&nbsp;$1.12 billion&nbsp;in the quarter, up 7%. Incentive management fees totaled&nbsp;$159 million&nbsp;in the 2024 second quarter, compared to&nbsp;$143 million a year ago.
At the end of the quarter, Marriott's global development pipeline included around 3,800 properties and over 585,000 rooms.
This total comprises approximately 34,000 rooms approved but not yet under signed contracts, with more than 220,000 rooms currently under construction.
At the end of the quarter, Marriott's total debt was&nbsp;$13.6 billion, and cash and equivalents totaled&nbsp;$0.4 billion.
CEO Anthony Capuano highlighted Marriott's strong quarter, noting solid net room and fee growth, active development, and a 3% rise in global RevPAR. He added that third-quarter international RevPAR increased by 5.4%, driven by substantial growth in APEC and EMEA regions, steady domestic and cross-border demand, and strong ADR gains.
Outlook: Marriott expects fourth-quarter 2024 gross fee revenues to range between $1.29 billion and $1.31 billion, with adjusted EPS projected to be $2.31-$2.39,&nbsp;compared to <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">a $2.31 estimate</a>.
Marriott projects full-year 2024 adjusted EPS of $9.19-$9.27 (<a target="_blank" href="https://www.benzinga.com/news/earnings/24/07/40070674/marriott-shares-drop-5-despite-q2-eps-beat-slashed-fy24-outlook-disappoints-investors" rel="noreferrer noopener">prior $9.23-$9.40</a>), compared to the $9.36 estimate,&nbsp;with gross fee revenues of $5.126 billion-$5.146 billion (prior $5.13 billion-$5.18 billion).
Marriott International stock gained close to 18% year-to-date.
Price Action:&nbsp;MAR stock is down 1.37% to $257.00 premarket at last check Monday.
Also Read:
<ul>
<li><a href="https://www.benzinga.com/government/24/11/41685490/nvidias-run-ai-acquisition-draws-european-regulatory-scrutiny-on-competition-concerns" target="_blank" rel="noreferrer noopener">Nvidia's Run:ai Acquisition Draws European Regulatory Scrutiny On Competition Concerns</a></li>
</ul>
Photo by gerd-harder via Shutterstock

Guidance

Movers

Marriott International Q3 Earnings: China Market Weakness Drags on Performance, Adjusts Full-Year Outlook

WIIM

Marriott International shares are trading lower after the company reported worse-than-expected Q3 financial results and issued FY24 adjusted EPS guidance below estimates.

Marriott Sees FY24 Adj. EPS $9.19-$9.27 Vs $9.36 Estimate

Marriott Sees Q4 2024 Adj. EPS $2.31-$2.39

Marriott Sees Q4 2024 RevPAR Growth 2%-3%; Sees FY24 RefPAR Growth 3%-4%

Marriott Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) reported quarterly earnings of $2.26 per share which missed the analyst consensus estimate of $2.31 by 2.16 percent. The company reported quarterly sales of $6.25 billion which missed the analyst consensus estimate of $6.27 billion by 0.25 percent. This is a 5.52 percent increase over sales of $5.93 billion the same period last year.

Earnings Misses

Marriott Intl Q3 2024 Adj EPS $2.26 Misses $2.31 Estimate, Sales $6.25B Miss $6.27B Estimate

U.S. stocks could get off to a positive start on Monday after the <a href="https://www.benzinga.com/news/earnings/24/11/41696201/market-volatility-soars-ahead-of-elections-tech-earnings-mixed-strikes-and-hurricanes-knock-employm">averages registered a mixed October</a>. While the S&amp;P 500 and Dow Jones snapped their five-month winning streak, the Nasdaq Composite closed in the green buoyed by <a href="https://www.benzinga.com/earnings">Big Tech earnings</a>.
America goes to polls on Tuesday to elect its 47th president, and data so far suggests that it will be a neck-to-neck race between Democratic candidate Kamala Harris and Republican nominee Donald Trump.
The Federal Open Market Committee, or FOMC, is also widely expected to deliver another rate cut this week, with CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a> suggesting there is a 96% chance that this will happen.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Performance (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.15%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.19%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.08%</td>
</tr>
<tr>
<td>R2K</td>
<td>-0.01%</td>
</tr>
</tbody>
</table>
</figure>
In premarket trading on Monday,&nbsp;the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) gained 0.20% to $572.21 and the&nbsp;Invesco QQQ ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) rose 0.22% to $488.50, according to&nbsp;<a href="https://benzinga.grsm.io/lxquj26b2sag" target="_blank" rel="noreferrer noopener">Benzinga Pro data</a>.
Cues From Last Week:
Oil prices continued to rebound after tanking the week before, amid delays in production output increase by the Organization of the Petroleum Exporting Countries, or OPEC.
Most sectors on the S&amp;P 500 closed on a negative note, with utilities, energy, and real estate stocks recording the biggest losses on Friday.
However, consumer discretionary and information technology stocks bucked the overall market trend, closing the session higher.
<figure class="wp-block-table"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Last Week&#8217;s Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-1.5%</td>
<td>18,518.61</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-1.4%</td>
<td>5,728.80</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-0.15%</td>
<td>42,052.19</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.1%</td>
<td>2,210.13</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts:
A Harris win could see the U.S. dollar weakening, according to ING analyst Francesco Pesole.
"Despite some unwinding of Trump trades, asset markets are still broadly pricing in a Trump win. As things stand now, we expect the dollar to sell off if Harris wins, while the impact of a Trump win may depend more on the Congress composition."
On the other hand, rate cut expectations seem to be unanimous among analysts, even though the Presidential race is neck-to-neck.
"On Thursday, when we may or may not know who the next President is going to be, we should almost certainly see a 25 basis points cut from the Fed and a reiteration from [Fed Chair] Powell that the Fed&#8217;s subsequent meetings will be data dependent," Deutsche Bank analyst Jim Reid in a research note.
Fed chair Jerome Powell's commentary would also be on the Street's radar as it looks for guidance on the central bank's rate action going forward.
&#8220;We look for Fed Chair Powell to once again be the voice of reason corralling the FOMC to prudently ease monetary policy,&#8221; said EY Chief Economist Gregory Daco.
Nathan Peterson, Director of Derivatives Analysis at the Schwab Center for Financial Research, laid <a href="https://www.schwab.com/learn/story/weekly-traders-outlook/">out</a> the thesis for market movements for the next week.
"My overall forecast for next week is &#8220;volatile and bearish.&#8221; What could challenge my outlook? If Election Results are not drawn out (meaning we have clarity on the winner following Election Day), or the Fed doesn&#8217;t provide a hawkish tone next Thursday, like I suspect they will, then stocks will likely rally."
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How To Trade Futures</a>
Upcoming Economic Data
Monday's economic calendar is light, but crucial economic data is scheduled for the rest of the week.
<ul>
<li>On Monday, factory order data will be released at 10 a.m. ET.</li>
<li>On Tuesday, U.S. trade deficit data will be released at 8:30 a.m. ET.</li>
<li>ISM services data will be released at 10 a.m. ET.</li>
<li>On Wednesday, S&amp;P will release the final U.S. services purchasing manager's index (PMI) at 9:45 a.m. ET.</li>
<li>On Thursday, initial jobless claims data and preliminary productivity numbers will be released at 8:30 a.m. ET.</li>
<li>Wholesale inventories data will be released at 10 a.m. ET.</li>
<li>FOMC will announce its rate decision at 2 p.m. ET.</li>
<li>Fed Chair Powell will address a press conference at 2:30 p.m. ET.</li>
<li>On Friday, preliminary consumer sentiment data will be released at 10 a.m. ET.</li>
<li>Fed Governor Michelle Bowman will speak about banking regulations at 11 a.m. ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>Trump Media &amp; Technology Group Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DJT#NASDAQ">DJT</a>) will be in focus on election eve. The stock experienced increased volatility last week and fell over 27%.</li>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) shares will be in focus on Monday after the Elon Musk-led EV giant saw its China sales decline in October.</li>
<li>Nvidia Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) will join the Dow Jones Industrial Average this week, replacing Intel Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) and ending its 25-year run.</li>
<li>Apple Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) largest shareholder, the Warren Buffett-led Berkshire Hathaway, pared its stake in the iPhone maker by 25% in the July-September quarter.</li>
<li>Boeing Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BA#NYSE">BA</a>) machinists are set to vote on the new proposed deal that could bring an end to a seven-week-long strike.</li>
<li>Investors are awaiting earnings results from Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>), Marriott International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>), and Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) today.</li>
</ul>
Commodities, Bonds And Global Equity Markets:
Crude oil futures surged in the early New York session, rising by over 3% after OPEC announced a delay in increasing production.
The 10-year Treasury note yield eased marginally to 4.285%.
Major Asian markets ended in the green on Monday, and European stocks showed strength as well in early trading.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/equities/24/11/41704748/tesla-investors-confuse-valuation-and-stock-price-says-gary-black-as-investor-sees-recovery-in-s">Tesla Investors Confuse &#8216;Valuation And Stock Price,&#8217; Says Gary Black As Investor Sees Recovery In Stock</a></li>
</ul>
Photo courtesy: Wikimedia

Futures

Federal Reserve

Pre-Market Outlook

AAPL

INTC

NVDA

TSLA

WYNN

US Stocks Likely To Open In Green Amid Hints Of Tentativeness On Election Eve: Expert Says Brace For Volatility Ahead Of Fed's Rate Decision

The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the &#8220;Neutral&#8221; zone on Friday.
U.S. stocks settled higher on Friday, as investors digested the recent jobs data.
The U.S. economy added 12,000 jobs in October compared to a revised 223,000 gain in September and versus market estimates of 113,000. Average hourly earnings increased by 0.4% over a month to $35.46 in October, while the unemployment rate remained at 4.1% in October.
Shares of Amazon.com Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) surged over 6% on Friday after the company posted stronger-than-expected results for the third quarter. Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) shares slipped over 1% following fourth-quarter results.
Most sectors on the S&amp;P 500 closed on a negative note, with utilities, energy, and real estate stocks recording the biggest losses on Friday. However, consumer discretionary and information technology stocks bucked the overall market trend, closing the session higher.
The Dow Jones closed higher by around 289 points to 42,052.19 on Friday. The S&amp;P 500 rose 0.41% to 5,728.80, while the Nasdaq Composite rose 0.80% at 18,239.92 during Friday's session.
U.S. stocks recorded losses in October, with the Dow falling 1.3% and the broad market index declining 1% during the month.
Investors are awaiting earnings results from Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>), Marriott International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>), and Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) today.
What is CNN Business Fear &amp; Greed Index?
At a current reading of 48.8, the index remained in the &#8220;Neutral&#8221; zone on Friday, versus a prior reading of 46.5.
The Fear &amp; Greed Index is a measure of the current market sentiment. It is based on the premise that higher fear exerts pressure on stock prices, while higher greed has the opposite effect. The index is calculated based on seven equal-weighted indicators. The index ranges from 0 to 100, where 0 represents maximum fear and 100 signals maximum greediness.
Read Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/24/11/41684497/jim-cramer-likes-cava-group-calls-this-utilities-stock-terrific">Jim Cramer Likes Cava Group, Calls This Utilities Stock &#8216;Terrific&#8217;</a></li>
</ul>
Photo courtesy: Shutterstock

AMZN

US Stocks Settle Higher Following Jobs Data, Amazon Surges Post Results: Fear Index In 'Neutral' Zone

With U.S. stock futures trading mixed this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects Constellation Energy Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CEG#NASDAQ">CEG</a>) to report quarterly earnings at $2.64 per share on revenue of $5.71 billion before the opening bell, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>. Constellation Energy shares fell 5.5% to $243.99 in after-hours trading.</li>
<li>Analysts expect Marriott International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) to post quarterly earnings at $2.31 per share on revenue of $6.27 billion. The company will release earnings before the markets open. Marriott shares gained 0.5% to $261.75 in after-hours trading.</li>
<li>Chewy Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) will replace Stericycle Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SRCL#NASDAQ">SRCL</a>) in the S&amp;P MidCap 400 before the opening bell on Wednesday, Nov. 6. Waste Management Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WM#NYSE">WM</a>) is acquiring Stericycle in a transaction expected to be completed soon. Chewy shares surged 5.1% to $28.51 in the after-hours trading session.</li>
</ul>
Check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
<ul>
<li>After the markets close, Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) is projected to report quarterly earnings at $1.01 per share on revenue of $1.73 billion. Wynn Resorts shares gained 0.2% to $95.87 in the after-hours trading session.</li>
<li>Analysts expect Celanese Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CE#NYSE">CE</a>) to report quarterly earnings at $2.85 per share on revenue of $2.7 billion after the closing bell. Celanese shares gained 1.5% to $126.70 in after-hours trading.</li>
</ul>
Check This Out:
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41685620/top-3-energy-stocks-that-are-preparing-to-pump-in-november">Top 3 Energy Stocks That Are Preparing To Pump In November</a></li>
</ul>
Photo courtesy: Shutterstock

CHWY

SRCL

Marriott, Constellation Energy And 3 Stocks To Watch Heading Into Monday

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>BABA</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$120.00</td>
<td>$197.0K</td>
<td>29.0K</td>
<td>4.6K</td>
</tr>
<tr>
<td>MAR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>11/15/24</td>
<td>$245.00</td>
<td>$70.0K</td>
<td>7</td>
<td>1.0K</td>
</tr>
<tr>
<td>XPEV</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>11/01/24</td>
<td>$13.00</td>
<td>$28.2K</td>
<td>155</td>
<td>402</td>
</tr>
<tr>
<td>PDD</td>
<td>PUT</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>11/15/24</td>
<td>$120.00</td>
<td>$26.5K</td>
<td>15.6K</td>
<td>331</td>
</tr>
<tr>
<td>CZR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$35.00</td>
<td>$49.3K</td>
<td>8.0K</td>
<td>305</td>
</tr>
<tr>
<td>LULU</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$330.00</td>
<td>$36.9K</td>
<td>809</td>
<td>264</td>
</tr>
<tr>
<td>CMG</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$78.00</td>
<td>$516.0K</td>
<td>434</td>
<td>258</td>
</tr>
<tr>
<td>W</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>02/21/25</td>
<td>$40.00</td>
<td>$57.2K</td>
<td>242</td>
<td>220</td>
</tr>
<tr>
<td>SBUX</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$110.00</td>
<td>$57.6K</td>
<td>1.1K</td>
<td>102</td>
</tr>
<tr>
<td>LEN</td>
<td>PUT</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/17/25</td>
<td>$200.00</td>
<td>$61.4K</td>
<td>181</td>
<td>64</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For BABA (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BABA#NYSE">BABA</a>), we notice a call option trade that happens to be bullish, expiring in 77 day(s) on January 17, 2025. This event was a transfer of 1000 contract(s) at a $120.00 strike. The total cost received by the writing party (or parties) was $197.0K, with a price of $197.0 per contract. There were 29019 open contracts at this strike prior to today, and today 4648 contract(s) were bought and sold. 
• Regarding MAR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>), we observe a put option trade with bullish sentiment. It expires in 14 day(s) on November 15, 2024. Parties traded 350 contract(s) at a $245.00 strike. The total cost received by the writing party (or parties) was $70.0K, with a price of $200.0 per contract. There were 7 open contracts at this strike prior to today, and today 1003 contract(s) were bought and sold. 
• For XPEV (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XPEV#NYSE">XPEV</a>), we notice a put option trade that happens to be bearish, is expiring today. Parties traded 196 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $28.2K, with a price of $144.0 per contract. There were 155 open contracts at this strike prior to today, and today 402 contract(s) were bought and sold. 
• Regarding PDD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>), we observe a put option sweep with neutral sentiment. It expires in 14 day(s) on November 15, 2024. Parties traded 58 contract(s) at a $120.00 strike. This particular put needed to be split into 15 different trades to become filled. The total cost received by the writing party (or parties) was $26.5K, with a price of $457.0 per contract. There were 15667 open contracts at this strike prior to today, and today 331 contract(s) were bought and sold. 
• Regarding CZR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CZR#NASDAQ">CZR</a>), we observe a call option sweep with bearish sentiment. It expires in 77 day(s) on January 17, 2025. Parties traded 79 contract(s) at a $35.00 strike. This particular call needed to be split into 6 different trades to become filled. The total cost received by the writing party (or parties) was $49.3K, with a price of $625.0 per contract. There were 8095 open contracts at this strike prior to today, and today 305 contract(s) were bought and sold. 
• Regarding LULU (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LULU#NASDAQ">LULU</a>), we observe a call option sweep with bullish sentiment. It expires in 77 day(s) on January 17, 2025. Parties traded 15 contract(s) at a $330.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $36.9K, with a price of $2469.0 per contract. There were 809 open contracts at this strike prior to today, and today 264 contract(s) were bought and sold. 
• For CMG (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>), we notice a put option sweep that happens to be bullish, expiring in 441 day(s) on January 16, 2026. This event was a transfer of 258 contract(s) at a $78.00 strike. This particular put needed to be split into 29 different trades to become filled. The total cost received by the writing party (or parties) was $516.0K, with a price of $2000.0 per contract. There were 434 open contracts at this strike prior to today, and today 258 contract(s) were bought and sold. 
• Regarding W (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/W#NYSE">W</a>), we observe a call option trade with bearish sentiment. It expires in 112 day(s) on February 21, 2025. Parties traded 97 contract(s) at a $40.00 strike. The total cost received by the writing party (or parties) was $57.2K, with a price of $590.0 per contract. There were 242 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold. 
• Regarding SBUX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SBUX#NASDAQ">SBUX</a>), we observe a call option trade with bearish sentiment. It expires in 441 day(s) on January 16, 2026. Parties traded 63 contract(s) at a $110.00 strike. The total cost received by the writing party (or parties) was $57.6K, with a price of $915.0 per contract. There were 1155 open contracts at this strike prior to today, and today 102 contract(s) were bought and sold. 
• For LEN (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LEN#NYSE">LEN</a>), we notice a put option trade that happens to be neutral, expiring in 77 day(s) on January 17, 2025. This event was a transfer of 20 contract(s) at a $200.00 strike. The total cost received by the writing party (or parties) was $61.4K, with a price of $3070.0 per contract. There were 181 open contracts at this strike prior to today, and today 64 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

BABA

LULU

Citigourp Global Markets 2% Protected Notes Linked To The Djia

SBUX

XPEV

10 Consumer Discretionary Stocks Whale Activity In Today's Session

Marriott Intl's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NYSE">MAR</a>) short percent of float has risen 5.5% since its last report. The company recently reported that it has 5.02 million shares sold short, which is 2.3% of all regular shares that are available for trading. Based on its trading volume, it would take traders 4.03 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>Marriott Intl Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1730478624_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Marriott Intl has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Marriott Intl's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, Marriott Intl's peer group average for short interest as a percentage of float is 7.12%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Is The Market Feeling About Marriott Intl?

On CNBC's &#8220;<a href="https://www.cnbc.com/video/2024/10/28/final-trades-marriott-vistra-taiwan-semi-and-the-urnm.html">Halftime Report Final Trades</a>,&#8221; Joshua Brown of Ritholtz Wealth Management said Marriott International, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAR#NASDAQ">MAR</a>) is <a href="https://www.benzinga.com/quote/MAR/earnings">breaking out</a>.
Marriott International will report third-quarter earnings results on Monday, Nov. 4. Analysts expect the company to report quarterly earnings at $2.31 per share, up from $2.11 per share in the year-ago period. The company projects to report quarterly revenue of $6.27 billion, up from $5.89 billion a year earlier.
Bryn Talkington of Requisite Capital Management said Sprott Uranium Miners ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URNM#NYSE">URNM</a>) looks good for a trade up to 60.
Don't forget to check out our <a href="https://www.benzinga.com/premarket/">premarket coverage here</a>
Rich Saperstein of Treasury Partners named Vistra Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VST#NYSE">VST</a>) as his final trade.
On Oct. 22, UBS analyst William Appicelli maintained Vistra with a Buy and lowered the price target from $157 to $150.
Stephen L. Weiss of Short Hills Capital Partners picked Taiwan Semiconductor Manufacturing Company Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>).
Taiwan Semiconductor Manufacturing has halted shipments to China-based chip designer Sophgo after discovering its self-made chip on Huawei Technologies Co's Ascend 910B AI processor. Sophgo, linked to cryptocurrency mining company Bitmain, reportedly ordered chips identical to those in Huawei's processor, <a href="https://www.benzinga.com/government/24/10/41573440/whats-going-on-with-taiwan-semiconductor-stock-on-monday">according to Reuters</a>.
Price Action:
<ul>
<li>Marriott shares gained 0.2% to close at $262.55 during Monday's session.</li>
<li>Sprott Uranium Miners ETF gained 0.3% during Monday's session.</li>
<li>Vistra shares gained 3% to close at $127.78 on Monday.</li>
<li>Taiwan Semiconductor shares fell 4.3% to settle at $194.68.</li>
</ul>
Check This Out: 
<ul>
<li><a href="https://www.benzinga.com/news/24/10/41574887/top-3-industrials-care-stocks-that-plunge-this-month">Top 3 Industrials Care Stocks That Plunge This Month</a></li>
</ul>
Image: Shutterstock

Media

URNM

Marriott, Vistra, Taiwan Semiconductor And More On CNBC's 'Final Trades'

CNBC Halftime Report Final Trades: Marriott International, Vistra, Taiwan Semiconductor Manufacturing, Sprott Uranium Miners ETF

Stifel raised the firm's price target on Marriott (MAR) to $252 from $240 and keeps a Hold rating on the shares after the company reported Q3 resul...

Marriott price target raised to $252 from $240 at Stifel

Deutsche Bank analyst Carlo Santarelli raised the firm's price target on Marriott (MAR) to $220 from $216 and keeps a Hold rating on the shares. Ma...

Marriott price target raised to $220 from $216 at Deutsche Bank

Deutsche Bank analyst Carlo Santarelli has maintained their neutral stance on MAR stock, giving a Hold rating today. Carlo Santarelli's rating is b...

Marriott International: Hold Rating Amid Muted Market Reaction and Future Growth Prospects

Ari Klein, an analyst from BMO Capital, maintained the Hold rating on Marriott International (MAR – Research Report). The associated price target w...

Marriott International: Mixed Near-Term Trends and Conservative Guidance Lead to Hold Rating

Morgan Stanley analyst Stephen Grambling maintained a Buy rating on Marriott International (MAR – Research Report) yesterday and set a price target...

Marriott International: Strategic Initiatives and Long-Term Growth Potential Justify Buy Rating

In a report released yesterday, Daniel Politzer from Wells Fargo maintained a Hold rating on Marriott International (MAR – Research Report), with a...

Wells Fargo Sticks to Its Hold Rating for Marriott International (MAR)

Marriott International ( ($MAR) ) has released its Q3 earnings. Here is a breakdown of the information Marriott International presented to its inve...

Marriott International Reports Mixed Q3 2024 Results

Mizuho Securities analyst Benjamin Chaiken has maintained their neutral stance on MAR stock, giving a Hold rating yesterday. Benjamin Chaiken has g...

Marriott International: Hold Rating Amid Fee Growth Concerns and Mixed Regional Performance

TD Cowen analyst Kevin Kopelman has maintained their bullish stance on MAR stock, giving a Buy rating yesterday. Kevin Kopelman has given his Buy r...

Marriott International: Strong Growth Prospects Support Buy Rating Despite Market Challenges

Marriott International (MAR) has disclosed a new risk, in the Debt & Financing category. Marriott International faces a potential business risk ass...

Marriott International Faces Regulatory Risks Over Unregistered Equity Sales

Press Releases

Marriott International Announces Expansion of the City Express by Marriott Brand into the United States & Canada

Real Estate

Marriott International, FibraHotel, Fibra Danhos and Beyond Ventures Announce the Highly Anticipated Return of The Ritz-Carlton Brand to Cancun

Marriott International Announces Release Date For Third Quarter 2024 Earnings

Marriott International Signs Agreement to Debut The Luxury Collection and AC Hotels to Shenzhen, a Major Hub in Southern China

Marriott International Announces Global Launch of Connect Responsibly with Marriott Bonvoy Events

Entertainment

MGM RESORTS INTERNATIONAL AND MARRIOTT INTERNATIONAL SIGN AGREEMENT TO LAUNCH W LAS VEGAS

Marriott International Announces the Addition of Almare, a Luxury Collection Resort, Isla Mujeres, Adult All-Inclusive, its 500th Property in the Caribbean and Latin America

UNITE HERE Park Hotels Monitoring Website Now Includes "Review Summaries"

Marriott International Reports Third Quarter 2024 Results

THE RITZ-CARLTON, NAPLES DEBUTS "NYE BLACK-TIE GALA" WITH ACCLAIMED JAZZ SENSATION STELLA COLE

BMV:DANHOS

BMV:FIHO

Airbnb

Atour Lifestyle Holdings Limited - American Depositary Shares

Atour Lifestyle Holdings

Booking Holdings

Choice Hotels International, Inc. Common Stock

Choice Hotels Intl

Despegar.com

Expedia Group

Global Business Travel Group, Inc. Class A Common Stock

Global Business Travel

GreenTree Hospitality Group Ltd. American depositary shares, each representing one Class A ordinary share

GreenTree Hospitality Gr

Hyatt Hotels Corporation Class A Common Stock

Hyatt Hotels

Hilton Grand Vacations

Hilton Worldwide Holdings Inc. Common Stock

Hilton Worldwide Holdings

H World Group Limited - American Depositary Shares

H World Group

Intercontinental Hotels Group American Depositary Shares (Each representing one Ordinary Share)

Comments

Marriott Intl

Marriott Intl (MAR) Options

Marriott Intl (NASDAQ:MAR) Stock, Chaîne d'Options

Notizie

PARTENAIRE / CONTRIBUTEUR

BENZINGA MONDIAL