Shares of hotels, restaurants and leisure companies finished mostly lower Monday as the broader markets reacted to news JPMorgan Chase & Co. will rescue Bear Stearns Cos. with a $2-per-share buyout.
The buyout helped add an additional layer of uncertainty to the already troubled market, sending the Dow Jones industrial average on a trading roller-coaster throughout the day.
How some major restaurant and leisure companies finished Monday:
Shares of Wyndham Worldwide Corp., down $1.42, or 6.9 percent, to $19.25.
Shares of Starwood Hotels & Resorts Worldwide Inc., down $1.70, or 3.4 percent, to $49.
Marriott International Inc., down $1.12, or 3.4 percent, to $31.78.
Shares of cruise ship operator Carnival Corp., down $1.37, or 3.6 percent, to $36.48.
Wendy's International Inc., down 44 cents to $23.06.
McDonald's Corp., down 50 cents to $54.28.
Starbucks Corp., down 13 cents to $17.26.
Bucking the trend, shares of International Game Technology, which makes casino equipment, up 25 cents to $44.01.
Darden Restaurants Inc., up 18 cents to $29.46.
Yum! Brands Inc., which operates KFC, Pizza Hut, Taco Bell and others, up 42 cents to $35.45.
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