Why Airline Shares Are Down Today

Why Airline Shares Are Down Today
Lou Whiteman, The Motley Fool
·3 min read

Leading the way downward were shares of American Airlines Group (NASDAQ: AAL), United Airlines Holdings (NASDAQ: UAL), JetBlue Airways (NASDAQ: JBLU), and Spirit Airlines (NYSE: SAVE), with each stock down more than 5% for the day. All four of these stocks are up at least 20% year to date, even with Thursday's sell-off, and Spirit is up nearly 40%. News from the White House that all American adults should have access to a vaccine in time for the summer travel season had airline stocks gaining ground yesterday.