Motley Fool
Why Airlines Stocks Are Falling Today
On Wednesday, a pair of airline stocks were downgraded by a leading Wall Street analyst. The whole sector is selling off as a result, with shares of American Airlines Group (NASDAQ: AAL), JetBlue Airways (NASDAQ: JBLU), and Spirit Airlines (NYSE: SAVE) leading the way down about 5% each in midday trading. Airline stocks have experienced some turbulence of late, caught between investors bullish on a post-pandemic economic recovery and those who are worried about whether the pandemic is really over, among other issues.
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