Why Booking Holdings, TripAdvisor, and Yelp Stocks Crashed Today
Stock markets took a turn for the worse on Friday. With the S&P 500 down 2.9% as of 12:50 p.m. EDT, and the Dow down a more substantial 3.1%, it's starting to look like the broad-based three-day rally that began on Tuesday is coming to an end.
Shares of travel and leisure stocks are being hit particularly hard, with travel reservations specialist Booking Holdings (NASDAQ: BKNG) seeing its shares slide 7.1%, travel information website TripAdvisor (NASDAQ: TRIP) down 9.1%, and restaurant reviewer Yelp (NYSE: YELP) off 14.8%.
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Source Fool.com
