Chart of the Day: Intercontinental Hotels Group (IHG) Posts Record High
The Barchart Chart of the Day belongs to Intercontinental Hotels Group (IHG). I found the stock by using Barchart.com to find the "Barchart New Highs" page, and then I clicked on pull-down to select stocks with new 52-week highs. I then viewed the stocks on the list with the FlipCharts feature.
Intercontinental Hotels Group (IHG) on Tuesday edged to a new record high and closed the day up +1.18%. IHG on Tuesday took out the previous record high posted a month ago and extended the fairly steady rally that has been seen over the past year. The hotel and travel industry has benefited in the past two years from the so-called “revenge travel” seen after the pandemic, which has filled planes and hotels.
Profile: InterContinental Hotels Group offers information and reservations capability on the Internet for InterContinental Hotels & Resorts, Crowne Plaza Hotels & Resorts, Holiday Inn hotels, Holiday Inn Express hotels, and Staybridge Suites by Holiday Inn hotels.
On the date of publication, Jim Van Meerten did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.
Provided Content: Content provided by Barchart. The Globe and Mail was not involved, and material was not reviewed prior to publication.
