Thursday, December 3, 2020

Tag: Four Airline Stocks Lost $22 Billion in Value in Prior 7 Trading Sessions

Four Airline Stocks Lost $22 Billion in Value in Prior 7 Trading Sessions

by Pam Martens and Russ Martens, Wall St On Parade:

The Dow Jones Industrial Average closed with a whopping 1293 points in the green today, after losing 3600 points last week. (It looked like a classic short squeeze driving up the market today.) But despite the monster move up in stocks, two of the major airline stocks closed in the red today: American Airlines and United Airlines. Delta and Southwest closed in the green.