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Podcast: Skift Daily Briefing
Episode: Selina’s Big Stock Swing
Description: Episode NotesHospitality brand Selina has seen a dramatic swing in its stock price as it attempts to escape from its penny stock status, reports Senior Hospitality Editor Sean O’Neill. The company saw its shares fall 41% last Friday although they rebounded 9% on Monday. O’Neill writes the stock price drop happened after Selina said that 8.6 million shares could be hitting the market soon. Two other hospitality brands, Sonder and Vacasa, have also seen stock prices go to penny stock status recently.  Next, American Airlines pilots approved a new contract on Monday worth nearly $10...