Google's New Travel App Could Hurt These Companies

Image source: Google.Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has recently launched a new online travel app called Google Trips. Investors in online travel companies reacted negatively to the announcement, as shares of TripAdvisor (NASDAQ: TRIP), Priceline (NASDAQ: PCLN), and Expedia (NASDAQ: EXPE) declined after news hit the wires last week.

 

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