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Travel stocks take a beating on second wave fears

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Travel stocks have been hit hard by fears a second wave of COVID-19 could delay the widespread resumption of domestic travel, as Victoria struggles to bring a spike in the number of infections under control.

Over the weekend, Victoria reported 16 new cases of COVID-19 with the number of active known cases in the state now at its highest level since mid-April.

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William McInnes covers markets from Sydney including editing the Markets Live blog. Connect with William on Twitter. Email William at w.mcinnes@afr.com.au

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    Original URL: https://www.afr.com/markets/equity-markets/travel-stocks-take-a-beating-on-second-wave-fears-20200622-p554vk