Travel Stock Eyes Worst Day Since 2018 Amid China Probe

Trip.com Group Ltd (NASDAQ:TCOM) stock is down 16% to trade at $63.59 at last glance, after China's travel giant revealed it is facing an antitrust probe by the country’s business regulator over a suspected monopoly.The equity is now pacing for its biggest single-day percentage loss since November 8, 2018, and trading at its lowest levels since August. The stock is also breaking below the 120-day moving average, which acted as support in December, and falling into negative territory year over year. Options ...