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Business

Rashmi Kumari

2 of the Worst-Rated Travel Stocks

HOFV Entertainment Recession

Rising recession fears due to aggressive interest rate hikes have resulted in stock market turmoil. Several economists predict that the economy will enter a recession in 2023. This is resulting in a shift in consumer spending away from entertainment, leisure, and travel and toward basic necessities.

Therefore, fundamentally weak travel stocks Sonder Holdings Inc. (SOND) and Hall of Fame Resort & Entertainment Company (HOFV) might be best avoided now.

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