Paris Protests Hit Tourism and Transport Stocks
- 5 years ago
According to Reuters, France braced on Friday for another wave of protests against high living costs that could inflict more pain on tourism and transport stocks in the euro zone’s No. 2 economy, after retailers, airlines and hoteliers suffered their worst week in months.
Air France KLM, supermarket chain Carrefour and electronics store FNAC Darty have borne the brunt of the selling this week, underperforming their peers as the busy Christmas holiday season begins.