DALLAS, Oct. 16, 2023 /PRNewswire/ Braemar Hotels & Resorts Inc. today announced that it is moving its third quarter 2023 earnings release and earnings conference call to one day.
/PRNewswire/ Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar" or the "Company") today announced details for the release of its results for the third.
Wall Street reporters have a phrase to describe stocks that rise when another stock of the same sector reports excellent news. They write, "Other stocks rose in sympathy." These so-called sympathy stocks don't have any of their own news to propel them higher, but investors surmise that if one stock of a sector reports good news, others of the same ilk may soon follow suit. The result is investors buying shares and pushing the sympathy stock prices higher. This is especially true when a company i