Coronavirus slams travel stocks, and traders warn one name is most vulnerable

  • 📰 CNBC
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Coronavirus slams travel stocks, and traders warn one name is most vulnerable (via TradingNation)

, managing director of FX strategy at BK Asset Management, says Marriott looks more vulnerable than Booking here.

Marriott and Booking have both been hard hit on the expectation travel restrictions in Asia and consumer wariness around travel would hurt overall revenue. The two stocks have declined nearly 20% so far this year.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TradingNation Sell all to buy gold and wait. WS is still a place to milk a fortune. Trump and his economic advisors try to play down the bad reality but the bad reality is bullying in. Quarantine trump them the WS would hit 10,000 pts! ;-)

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA

Canada Canada Latest News, Canada Canada Headlines