Why Unusual Options Volume for Park Hotels & Resorts Intrigues Onlookers
PK stock enjoys both strong fiscal performances and favorable undercurrents While the COVID-19 crisis imposed an unprecedented headwind against the broader travel industry, optimistically aligned rumblings in the derivates market for Park Hotels & Resorts (NYSE:PK) may bode well not just for the underlying enterprise but the sector at large. Combining relatively strong financial performances with a favorable fundamental backdrop, PK stock appears ready to reverse prior losses. Mainly, the operational numbers from Park Hotels’ first quarter of 2023 earnings report, announced on May 1, speak for...