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 | 1:38 pm
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Marriott Vacations' shares are expected to face downward pressure in the short term due to worse-than-expected Q2 results and a cut in FY23 guidance.
Marriott Vacations' shares are trading lower following the announcement of worse-than-expected Q2 results and a cut in FY23 guidance. This negative news is likely to put downward pressure on the stock in the short term as it indicates potential challenges in the company's performance.
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