XpresSpa Group Inc (NASDAQ: XSPA) is a risky play, there’s no doubt about it. The company’s spas were shut down across the country. As the US economy reopens, there’s a strong argument that air travel will continue to feel pain for quite some time.
For a company with a line of spas located in airports across the United States, that’s bad news. Saying that a story like this didn’t come with risk, well, that would be pretty wreckless.
However, if you’ve got the appetite for risk, the potential rewards associated with an investment in XSPA stock can be hard to ignore.
Stop wasting your time! Start finding winning trades in minutes with Trade Ideas!
XSPA And COVID-19
For those of you who haven’t followed XpresSpa, when the airport spa company was handed lemons through widespread shutdowns and the prospect of a dim future for who knows how long, it didn’t curl up and die.
Read more at Alpha Stock News!