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Leisure Stocks To Watch Today - August 7th

Airbnb logo with Consumer Discretionary background

Key Points

  • Airbnb beats earnings expectations but shows signs of slowing growth, with its stock trading down to $117.96.
  • Apollo Global Management experiences a decrease in stock price, reaching $139.81, highlighting its stable investment strategies amidst market fluctuations.
  • Norwegian Cruise Line trades at $24.33, reflecting strong trading volume and revealing potential growth opportunities within the cruise sector.
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Airbnb, Apollo Global Management, and Norwegian Cruise Line are the three Leisure stocks to watch today, according to MarketBeat's stock screener tool. Leisure stocks are shares of companies whose primary business involves recreation, tourism, hospitality, and related consumer‐oriented activities—such as hotels, cruise lines, theme parks, and sporting goods retailers. Because these businesses tend to thrive when consumers have higher disposable income and are willing to spend on experiences, leisure stocks are often classified as consumer discretionary equities. Investors include them in portfolios to gain exposure to economic cycles and to potential growth in travel and entertainment demand. These companies had the highest dollar trading volume of any Leisure stocks within the last several days.

Airbnb (ABNB)

Airbnb, Inc., together with its subsidiaries, operates a platform that enables hosts to offer stays and experiences to guests worldwide. The company's marketplace connects hosts and guests online or through mobile devices to book spaces and experiences. It primarily offers private rooms, primary homes, and vacation homes.

NASDAQ ABNB traded down $12.54 during trading hours on Thursday, reaching $117.96. The company's stock had a trading volume of 11,136,849 shares, compared to its average volume of 5,271,855. The stock has a market cap of $73.89 billion, a PE ratio of 29.83, a PEG ratio of 2.42 and a beta of 1.13. The company's 50-day moving average is $135.27 and its two-hundred day moving average is $131.16. Airbnb has a fifty-two week low of $99.88 and a fifty-two week high of $163.93.

Read Our Latest Research Report on ABNB

Apollo Global Management (APO)

Apollo Global Management, Inc. is a private equity firm specializing in investments in credit, private equity, infrastructure, secondaries and real estate markets. The firm prefers to invest in private and public markets. The firm's private equity investments include traditional buyouts, recapitalization, distressed buyouts and debt investments in real estate, corporate partner buyouts, distressed asset, corporate carve-outs, middle market, growth, venture capital, turnaround, bridge, corporate restructuring, special situation, acquisition, and industry consolidation transactions.

NYSE:APO traded down $6.07 on Thursday, reaching $139.81. The stock had a trading volume of 3,199,876 shares, compared to its average volume of 3,624,422. The company has a market cap of $79.90 billion, a price-to-earnings ratio of 26.12, a P/E/G ratio of 1.64 and a beta of 1.62. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.27 and a quick ratio of 1.36. The firm's fifty day moving average is $141.40 and its two-hundred day moving average is $141.96. Apollo Global Management has a 12-month low of $102.14 and a 12-month high of $189.49.

Read Our Latest Research Report on APO

Norwegian Cruise Line (NCLH)

Norwegian Cruise Line Holdings Ltd., together with its subsidiaries, operates as a cruise company in North America, Europe, the Asia-Pacific, and internationally. The company operates through the Norwegian Cruise Line, Oceania Cruises, and Regent Seven Seas Cruises brands. It offers itineraries ranging from three days to a 180-days calling on various ports, including Scandinavia, Northern Europe, the Mediterranean, the Greek Isles, Alaska, Canada and New England, Hawaii, Asia, Tahiti and the South Pacific, Australia and New Zealand, Africa, India, South America, the Panama Canal, and the Caribbean.

NYSE:NCLH traded down $0.48 on Thursday, reaching $24.33. The stock had a trading volume of 10,534,263 shares, compared to its average volume of 14,218,262. The company has a market cap of $11.00 billion, a price-to-earnings ratio of 16.78, a P/E/G ratio of 1.16 and a beta of 2.24. Norwegian Cruise Line has a 12-month low of $14.21 and a 12-month high of $29.29. The company has a debt-to-equity ratio of 8.05, a current ratio of 0.18 and a quick ratio of 0.16. The firm's fifty day moving average is $21.21 and its two-hundred day moving average is $20.94.

Read Our Latest Research Report on NCLH

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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