3 Brand-Name Travel Stocks to Avoid Like the Plague
The past 10 weeks have taken Wall Street and investors for quite the ride. The spread of the coronavirus disease 2019 (COVID-19) led to a halt in nonessential business activity in most U.S. states and displaced more than 30 million workers in a little over a month. It's the most abrupt decline in economic activity in history, and it wound up leading to the quickest descent into bear market territory on record -- it took the S&P 500 just 17 trading days to decline 20% from its all-time closing high.
Amazingly, equities have bounced back almost as quickly as they fell. Although the benchmark S&P 500 remains down for the year, it retraced more than 60% of its losses at one point last week.
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Source Fool.com
