GDEN - Travel and leisure stocks rally as investor look past Omicron
Travel and leisure stocks are higher as more governments move away from strict lockdown options to control the spread of Omicron. Investors also appear to be more confident that Omicron's rapid spread will not interrupt economic growth very far into 2022. Hyatt Hotels (H +5.2%), Marriott International (MAR +5.5%) and Hilton Worldwide (HLT +5.2%) are recouping some of their losses tied to Omicron anxiety. Six Flags Entertainment (SIX +5.4%), Cedar Fair (FUN +5.2%) and SeaWorld Entertainment (SEAS +6.2%) are big gainers from theme park sector. The biggest advancers in the casino sector are Bally's (BALY +9.1%), Caesars Entertainment (CZR +8.4%), Penn National Gaming (PENN +8.5%) and Golden Entertainment (GDEN +6.1%). Dine-in specialists Portillo's (PTLO +9.7%), Dave & Buster's Entertainment (PLAY +11.6%), BJ's Restaurants (BJRI +6.1%) and Dine Brands Global (DIN +5.8%) are seeing the biggest jumps in the restaurant sector. Airline sector check: Delta and Southwest headline Deutsche Bank's list
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Travel and leisure stocks rally as investor look past Omicron