Travel and leisure stocks are outperforming after the Fed rate cut [Seeking Alpha]
Sonder Holdings Inc. - Class A (SOND)
Company Research
Source: Seeking Alpha
Notable advancers in morning action included Airbnb ( NASDAQ: ABNB , Sonder Holdings ( SOND , Las Vegas Sands ( LVS , Expedia ( NASDAQ: EXPE , Hilton Grand Vacations ( HGV , Travel + Leisure ( TNL , Red Rock Resorts ( NASDAQ: RRR , Marriott Vacations ( VAC , MGM Resorts ( MGM , United Parks & Resorts ( PRKS , and DraftKings ( DKNG The FOMC rate cut was highly anticipated by investors, meaning that some of the upside for companies on their balance sheets from lower interest rates may be already baked into their share prices. However, Deutsche Bank singled out a casino stock that may have some unrealized potential. Analyst Carlo Santarelli said Red Rock Resorts ( RRR ) is proceeding more quickly than anticipated with a casino project in the southern Las Vegas valley after the success of the Durango Casino & Resort. Deutsche Bank is positive on Red Rock Resorts ( RRR ) in general on its view that the Las Vegas locals market is stable. "The locals promotional environment remains active
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High impacting Sonder Holdings Inc. - Class A news events
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SOND
News
- Weekly Recap: 12 Press Releases You Might Have Missed [Yahoo! Finance]Yahoo! Finance
- Marriott (MAR) Forms Alliance With Sonder to Expand Portfolio [Yahoo! Finance]Yahoo! Finance
- Sonder Holdings Inc. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-QGlobeNewswire
- Marriott International enters licensing deal with Sonder [Yahoo! Finance]Yahoo! Finance
- Sonder Reaches Marriott License Deal, Secures Additional Liquidity [Yahoo! Finance]Yahoo! Finance
SOND
Earnings
- 11/14/23 - Miss
SOND
Sec Filings
- 9/27/24 - Form 10-K
- 9/9/24 - Form DEF
- 8/28/24 - Form PRE
- SOND's page on the SEC website