Marriott Vacations shares are trading lower following worse-than-expected Q2 results. The company also cut its FY23 guidance.
Portfolio Pulse from Benzinga Newsdesk
Marriott Vacations reported disappointing Q2 results and lowered its FY23 guidance, leading to a drop in its share price.
August 04, 2023 | 12:32 pm
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Marriott Vacations' shares are trading lower due to poor Q2 results and a reduction in FY23 guidance.
Marriott Vacations' shares are trading lower as a direct result of the company's worse-than-expected Q2 results and the lowering of its FY23 guidance. This negative news is likely to impact investor sentiment and could lead to a short-term decrease in the company's share price.
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