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Why Travel Stocks Plunged Again Today

TheMotleyFool

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Why Travel Stocks Plunged Again TodayPhoto, wide shot, wide-angle lens, Fashion store, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.theapi.app/temp/4103ce22-87d6-4bef-ba44-0baf5ab280bb.png

Coronavirus fears have hit the travel industry again: Some of the biggest names in the sector have been down by at least 5% at some point during Thursday trading. Shares of Royal Caribbean Cruises (NYSE: RCL) were off by 6%, Carnival (NYSE: CCL) shares dropped 4%, and Expedia Group (NASDAQ: EXPE) sank by 2.5%.

All three stocks recovered some of their losses as the day went on, but this period of volatility for these travel stocks may just be getting started.

Image source: Getty Images.

Source Fool.com

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