DreamFolks Stock Plunges After Domestic Lounge Service Halt

DreamFolks, a company providing airport lounge access, has stopped offering this service in domestic airports.

This decision caused the company's stock price to plummet, with a significant drop over the past year.

Other domestic services and global lounge services will remain.

The move was made due to the discontinuations by suppliers and previous announcements regarding bank partnerships.

The company is discussing alternate customer value propositions with its clients.

The stock has been on a downward spiral due to these negative business updates.