When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
TCOM - Trip.Com: Long Recovery Makes The Company Uninvestable
Trip.com Group Limited
As a China-based online travel agency, Trip.com (TCOM) has greatly suffered from the spread of COVID-19 around the globe. In Q1 its revenues declined nearly in half in comparison to the same period last year and its business is not expected to fully recover for a number of years. Since the beginning of 2020, its stock declined by nearly 30% and there’s every reason to believe that it will continue to trade in a distressed territory for a while. The increased competition from Google (GOOG)(GOOGL) and other OTAs in