The market is moving higher on Tuesday and travel and entertainment stocks are among the biggest movers. After weeks of fears about the impact of the omicron variant of COVID-19, investors are now brushing it aside.
The most notable movers were Melco Resorts (NASDAQ: MLCO) , Expedia Group (NASDAQ: EXPE) , and Ashford Hospitality Trust (NYSE: AHT) , all jumping double-digits at their high today. Booking Holdings (NASDAQ: BKNG) , Marriott International (NASDAQ: MAR) , MGM Resorts (NYSE: MGM) , and Trip.com (NASDAQ: TCOM) were also up high single digits today.
Data source: Google Finance.
For further details see:
Why Travel and Entertainment Stocks Bounced Higher on Tuesday