Why Shares of TripAdvisor Are Down Today
Shares of TripAdvisor (NASDAQ: TRIP) fell more than 7% on Thursday morning on fresh concerns about the reach of the coronavirus and its impact on travel. The shares made up much of that decline as the morning went on, but investors should expect continued volatility as the outbreak story plays out.
Markets pushed lower on Thursday after the first case of coronavirus in the U.S. believed to come from community spreading was reported in California. The patient had no connection to an existing coronavirus hot spot but did live near an air force base being used to quarantine people who might have been exposed to the virus.
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Source Fool.com
