Airline Stocks Fail to Shine in Friday's Trading: Here's Why

Players in the Zacks Airline industry did not perform well on the bourses on Friday, Jan 12, 2024. Industry heavyweights like Delta Air Lines (DAL) , United Airlines (UAL) , American Airlines (AAL) and Southwest Airlines (LUV) declined 9%,10.6%, 9.5% and 4.3%, respectively, from Thursday’s closing price. With major constituents moving south, the NYSE ARCA Airline index fell consequently, ending Friday’s session at $62.29, down 4.4%.Of the abovementioned stocks, American Airlines presently carries a Zacks Ra ...