A Short Play on Hyatt Hotels

On Thursday, Hyatt Hotels (H) announced the company had discovered there had been unauthorized access to credit and payment card information at 41 properties, spread across 11 countries, from mid-March 2017 through early July 2017. A similar occurrence happened in 2015 with Hyatt. Fool me once, shame on you. Fool me twice, shame on me.

While the stock barely budged on Friday, I believe after the big run in shares over the past two months and a weekend to consider a pattern may be developing in the cyber-security of the hotel chain, investors may be a little hesitant to chase the stock even after the company posted a strong quarter in August....202 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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