Shares of travel and leisure stocks were up broadly on Thursday as investors piled back into the industry. The omicron variant-related sell-off last week appears to have been overdone and now investors are moving back into stocks that sold off .
Three of the most notable movers today were MGM Resorts International (NYSE: MGM) , which was up as much as 7.6%, Marriott International (NYSE: MAR) , which climbed as much as 7.1%, and Sabre Corporation (NASDAQ: SABR) , which jumped 12%. The stocks were up 7.1%, 6.8%, and 10.8% respectively at 3 p.m. ET.
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Why Travel and Leisure Stocks Jumped on Thursday