Marriott International (MAR) shares dropped on Monday after disappointing third-quarter earnings. However, the stock seems to have found support at a key price level, illustrating the concept of ‘market memory.’ This technical analysis explains how a previous resistance level can transform into a support level, potentially indicating a rebound for Marriott stock.
Results for: MAR
Sonder Holdings, Inc. (SOND) saw its shares skyrocket over 125% on Monday after announcing a long-term licensing agreement with Marriott International, Inc. (MAR). This partnership will see Sonder’s apartment-style accommodations integrated into Marriott’s system under a new collection called ‘Sonder by Marriott Bonvoy’.