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Online Travel: Stocks Plunge, Wiping Out Much of 2001 Gains
As investors wondered how the market would fare Monday, one sector was a no-brainer for those itching to sell: Internet travel companies.
Recent investor favorites priceline.com (PCLN Quote), Travelocity.com (TVLY Quote) and Expedia.com (EXPE Quote), which only a week ago were widely viewed as ranking among the handful of successful Internet companies, saw their shares plunge Monday along with most travel-related stocks. ...
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