- Hyatt Hotels was the biggest decliner after giving up 2.96% yesterday As things stand, TransUnion (down 2.82%) and Invitation Homes (down 2.3%) are underperforming today
- European markets are dropping as FTSE is down by 0.6%, withdraws to 7,738
Yesterday's trading session saw to it that leading equity indices in the US declined as Nasdaq was down 1.96% before closing the session at 11,400. S&P 500 slipped 1.3% and closed at 4,017.77.
US markets are now currently closed and set to reopen today; meanwhile, European markets have struggled to gain ground and are now trading lower midway through the session. Asia-Pacific markets were down today as KOSPI Composite Index slides down to 2,425 (down 1.04%).
Looking ahead, ongoing depreciation may be prolonged as United States Crude Oil Inventories projected to decline to -1,000,000 while previous data was 533,000; data will be released tomorrow at 15:30 UTC.
Furthermore, United States ADP Nonfarm Employment Change (Jan) is scheduled for tomorrow at 13:15 UTC. United States Interest Rate figure is projected at 4.75. It previously stood at 4.5; data will be released tomorrow at 19:00 UTC.
Yesterday's bearishness meant that Hyatt Hotels lost 2.96% yesterday before closing at $108.92. TransUnion (down 2.82%), Invitation Homes (down 2.3%) also underperformed yesterday.
Hyatt Hotels | Closed $3.32 (-2.96%) lower at $108.92
- The US hospitality giant has gained 21.84% since its lowest print of $71.21 earlier this year.
- Yesterday's trading volume was 606,113 shares which is slightly below the 21-day average of 782,164.
The multinational hospitality company has managed to gain 21.84% so far this year despite trading at lows around $71.21 previously. The company's market cap currently stands at $11.67 billion with an average daily trading volume of 782,164 shares. $1.54 billion was Hyatt Hotels's last reported revenue with 64 cents being the current EPS.
Trading volume totalled 1.10 million which equates to around 72% of the stock's 21-day average yesterday. TransUnion disclosed a quarterly dividend of 10.5 cents per share on Thursday, November 3rd that was paid on Friday, December 2nd to all shareholders of record up until Thursday, November 17th. Based on current prices, the company's decision thereby provides TransUnion investors with an annual dividend yield of 0.604%.