Hotel Equities Joins Forces with Virtua Partners

ATLANTA — Hotel Equities (HE), the hospitality industry’s premier hotel management and development company, announced today that it has created a strategic alliance with private equity firm, Virtua Partners. Virtua Partners is making a series of investments totaling more than $500 million into HE’s hospitality platform. The new capital will be utilized to fuel growth through hotel management company acquisitions, organic growth and strategic investments into various hospitality assets.

Is Momentum Losing Momentum?

Momentum investing is a strategy which looks at relative trailing 6- and 12- month price performance when determining which stocks to overweight. 2018 has been a good year for momentum stocks, which are up an impressive 11.4%*. Stocks exhibiting value characteristics, on the other hand, have been the worst performers, up only 1.6% during this same time period. However, with momentum outperforming value, as well as the broader equity market, some investors have begun to question whether the outperformance of momentum has run its course.

Kirkland’s Inc. (KIRK) Moves Higher on Volume Spike for September 10

Kirkland’s Inc. (KIRK) traded on unusually high volume on Sep. 10, as the stock gained 2.25% to close at $9.56. On the day, Kirkland’s Inc. saw 308,637 shares trade hands on 2,538 trades. Considering that the stock averages only a daily volume of 193,859 shares a day over the last month, this represents a pretty significant bump in volume over the norm.

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