Why Azul Stock Is Flying High Today
Shares of Azul (NYSE: AZUL) were trading 6.7% higher as of 11:10 a.m. EDT Monday after some positive words about the Brazilian airline from an analyst. Azul looks like a winner coming out of the pandemic, and it appears to have opportunities to grow its market share.
Airlines were hit hard in 2020 by the pandemic, and Latin American carriers in particular faced a lot of financial turmoil and even a few bankruptcies. But Azul navigated through the crisis better than most, and is now well-positioned to consolidate some of its struggling rivals.
Source Fool.com