Pursuits
Expedia, Priceline Fall as Paris Attacks Seen Hurting Tourism
- Slump follows travel and transport companies in Europe
- Impact seen as ``matter of weeks'' if no new incidents occur
Travel Stocks Hit Hard Following Paris Attacks
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Online travel-booking sites Priceline Group Inc. and Expedia Inc. fell to their lowest in at least a month amid concerns that Friday’s deadly terrorist attacks in Paris could damp European tourism.
Priceline shed 4.2 percent to $1243.06 at 10:58 a.m. in New York after dropping as much as 4.9 percent. Expedia lost 2.6 percent to $122.01, paring an earlier decline of 3.6 percent.