Why Gol Linhas Aereas Inteligentes Stock Rose 10% This Morning
Shares of Brazilian airline Gol Linhas Aereas Inteligentes (NYSE: GOL) popped more than 10% in early trading Monday morning, and remain up a healthy 8.6% as of 11:35 a.m. EDT. But why is Gol stock up at all?
That's not immediately clear.
With nearly 515,000 reported coronavirus infections and more than 29,000 related deaths, Brazil remains a hot spot for COVID-19. That's not really great news for Brazil, or for airline stocks in general, or for Gol in particular.
Source Fool.com
