Why Azul Shares Are Down Today

Why Azul Shares Are Down Today
·2 min read

The economic news out of Brazil keeps getting worse, and investors are responding by fleeing from Brazilian stocks. Shares of Azul (NYSE: AZUL) traded down more than 8% late Friday morning, continuing a downward plunge that has seen the shares fall 26% this week. The company, along with most airline stocks, suffered last year as the pandemic ate into global travel demand.

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