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WH stock price: The share price has risen as a result of certain news, know more in the article below.
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The Stock price is near its resistance level of $73.7, see whether it will come down or rise up.
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The WH stock has been in consolidation since May of last year.
Based in New Jersey, the Hotel management company Wyndham Hotels & Resorts, Inc. (NYSE: WH) franchises and operates hotels. The company operates under two major segments: Hotel Franchising and Hotel Management.
Why is the WH Stock Price Rising?
On Tuesday, Wyndham’s acquisition news started floating in the market which made the WH stock price surge more than 13%. Choice Hotels International plans to acquire Wyndham Hotels & Resorts for $9.8 billion, more than Wyndham’s current valuation. Under the terms of the deal, Wyndham shareholders will receive $90 per share, representing a 30% increase from its previous closing price.
Choice Hotels will acquire Wyndham us
We współpracy z: https://www.thecoinrepublic.com/2023/10/20/wh-stock-price-what-would-be-the-result-of-this-acquisition/
