Dreamfolks Shares Plunge After Domestic Lounge Service Halt

Dreamfolks, a company providing airport lounge access, saw its stock price drop significantly.

This happened because they stopped offering lounge services at domestic airports.

The company's shares fell by 5% for two days in a row, and the stock is down almost 76% from its peak.

Although the domestic lounge service is gone, other services and global lounge business continue as usual.

The company is currently discussing new plans with clients and the stock is performing below key averages.

Since their IPO last August, the company has lost a considerable amount of value.