Why Airline Stocks Are Higher Today
As always, Wall Street is a battle between fear and greed. A day after fears about the coronavirus delta variant caused airline stocks to tumble, bargain hunters have stepped in looking for opportunities, causing the shares to rally higher.
JetBlue Airways (NASDAQ: JBLU) led the way on Tuesday, up as much as 6.8%, while American Airlines Group (NASDAQ: AAL), United Airlines Holdings (NASDAQ: UAL), Delta Air Lines (NYSE: DAL), Southwest Airlines (NYSE: LUV), and Spirit Airlines (NYSE: SAVE) each gained 5% or more.
Source Fool.com