Thunder Bridge Capital Partners III Inc *W EXP 02/01/2025
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TBCPW Thunder Bridge Capital Partners III Inc *W EXP 02/01/2025
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Company profile

Thunder Bridge Capital Partners III Inc. is a blank check company. The Company was incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company intends to focus on target businesses in the financial services industry. The Company has not commenced any business operations and has not generated any revenue.

Closing Price
Day's Change
0.0052 (0.73%)
B/A Size
Day's High
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10-day average volume:

Marriott stock gains after CEO sees 'stabilization' in RevPAR in September

2:40 pm ET September 9, 2021 (MarketWatch)

Shares of Marriott International Inc. (MAR) rose 1.0% in afternoon trading Thursday after the hotel operator indicated that business has stabilized following some weakness in August as a results of the recent spike in new COVID-19 cases. Speaking at the Bank of America Gaming & Lodging Conference, Marriott Chief Executive Anthony Capuano revenue per available room (RevPAR) for August is expected to be down 27% from 2019 levels, a slight worsening from the 23% decline seen in July, as COVID-19 infections increased. But after the "slight retrenchment" in RevPAR in August, Capuano said "we are seeing some stabilization in the early days of September," according to a FactSet transcript. He added that while business transient demand may not return as quickly as expected, as the rise in COVID-19 cases has slowed the return of employees to the office, he said the full approval of the Pfizer Inc. (PFE) and BioNTech SE (BNTX) COVID-19 vaccine and the return of in-person schooling at more and more school districts "is great news for us." Marriott's stock has slipped 6.0% over the past three months, while the S&P 500 has gained 6.5%.

-Tomi Kilgore


(END) Dow Jones Newswires

September 09, 2021 14:40 ET (18:40 GMT)

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