Shares of several hotel, restaurant and leisure stocks are trading lower on overall market weakness amid a rise in Treasury yields following CPI data.
Portfolio Pulse from Benzinga Newsdesk
Shares of several hotel, restaurant and leisure stocks are trading lower due to overall market weakness and a rise in Treasury yields following CPI data.
October 12, 2023 | 7:39 pm
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NEGATIVE IMPACT
Airbnb's stock is trading lower due to overall market weakness and a rise in Treasury yields following CPI data.
The rise in Treasury yields following the CPI data has led to a market weakness, affecting Airbnb's stock negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Bally's Corporation's stock is trading lower due to overall market weakness and a rise in Treasury yields following CPI data.
The rise in Treasury yields following the CPI data has led to a market weakness, affecting Bally's Corporation's stock negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Caesars Entertainment's stock is trading lower due to overall market weakness and a rise in Treasury yields following CPI data.
The rise in Treasury yields following the CPI data has led to a market weakness, affecting Caesars Entertainment's stock negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Huazhu Group's stock is trading lower due to overall market weakness and a rise in Treasury yields following CPI data.
The rise in Treasury yields following the CPI data has led to a market weakness, affecting Huazhu Group's stock negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Kura Sushi USA's stock is trading lower due to overall market weakness and a rise in Treasury yields following CPI data.
The rise in Treasury yields following the CPI data has led to a market weakness, affecting Kura Sushi USA's stock negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Penn National Gaming's stock is trading lower due to overall market weakness and a rise in Treasury yields following CPI data.
The rise in Treasury yields following the CPI data has led to a market weakness, affecting Penn National Gaming's stock negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Shake Shack's stock is trading lower due to overall market weakness and a rise in Treasury yields following CPI data.
The rise in Treasury yields following the CPI data has led to a market weakness, affecting Shake Shack's stock negatively.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100