Market Recap – June 1st
Markets performed poorly yesterday; The Dow Jones Industrial Average fell 0.54%. However, the Consumer Staples and Health Care sectors were the biggest losers, down 1.52% and 1.44% respectively.
Looking at specific investments, we’re watching Six Flag and Hilton Grand Vacations. The start of summer and travel have pushed Hilton’s total revenue to $779 million for the first quarter, compared to $235 million a year earlier. Six Flags saw similar results, reporting first-quarter 2022 total revenue came in at $138 million, an increase of $56 million.
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.