Why Marriott International Stock Lost 40% in March
Shares of Marriott International (NASDAQ:MAR) fell sharply last month as the world’s biggest hotel chain was badly damaged by the coronavirus-driven sell-off. The travel industry essentially ground to a halt in March, with airlines cutting back on flights and Americans responding to stay-at-home orders by suspending travel arrangements.
News story posted on 2020-04-04T03:50:00.0000000Z