offline
Airline stocks suffer broad selloff as economic growth, oil price concerns prompt sector downgrade
Airline stocks were knocked lower Friday, with the sector on track to suffer the biggest one-day loss in nearly 3 years, as the recent drop in oil prices and concerns over a slowing economy acted as a one-two punch for the group. The NYSE Arca Airline Index XAL, -5.29% slid 5.1% toward a fourth-straight decline. Friday's loss was headed for the biggest one-day loss since Feb. 26, 2016.
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Among the sector's more active components, shares of American Airlines Group Inc. AAL, -9.47% plunged 9.1%, Delta Air Lines Inc. DAL, -4.05% dropped 4.3%, JetBlue Airways Corp. JBLU, -5.68% tumbled 5.8% Southwest Airlines Co. LUV, -4.40% lost 4.1% and United Continental Holdings Inc. UAL, -5.66% shed 5.4%. The airline index has lost 6.0% over the past three months
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https://www.marketwatch.com/story/airlin...2018-12-07
Airline stocks were knocked lower Friday, with the sector on track to suffer the biggest one-day loss in nearly 3 years, as the recent drop in oil prices and concerns over a slowing economy acted as a one-two punch for the group. The NYSE Arca Airline Index XAL, -5.29% slid 5.1% toward a fourth-straight decline. Friday's loss was headed for the biggest one-day loss since Feb. 26, 2016.
...
Among the sector's more active components, shares of American Airlines Group Inc. AAL, -9.47% plunged 9.1%, Delta Air Lines Inc. DAL, -4.05% dropped 4.3%, JetBlue Airways Corp. JBLU, -5.68% tumbled 5.8% Southwest Airlines Co. LUV, -4.40% lost 4.1% and United Continental Holdings Inc. UAL, -5.66% shed 5.4%. The airline index has lost 6.0% over the past three months
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https://www.marketwatch.com/story/airlin...2018-12-07
