First Eagle Fund of America Comments on Wyndham Destinations, Wyndham Hotels & Resorts

Guru stock highlight

Apr 29, 2020

Like virtually all travel-related stocks, Wyndham Destinations (WYND, Financial) and Wyndham Hotels and Resorts (WH, Financial) were down sharply during the quarter on Covid-19 concerns. Both companies withdrew their full-year guidance in March and closed resorts due to the pandemic.

From First Eagle Investment (Trades, Portfolio)'s Fund of America first-quarter 2020 shareholder commentary.

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