Why Shares of Hawaiian Holdings Are Falling Today

Why Shares of Hawaiian Holdings Are Falling Today

Shares of Hawaiian Holdings (NASDAQ: HA) plunged 10% on Wednesday morning on a miserable day for the markets, especially stocks affected by the coronavirus pandemic. Hawaiian reported predictably dismal quarterly earnings on Tuesday night, further pressuring the airline stock. Airlines have been among the hardest hit sectors since the pandemic began, with travel demand falling substantially due to virus concerns.