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Troytan

2021-11-27

Travel related stocks impact will be great if

Covid persist. So sad 😭

AAL, DAL, UAL Stocks: Why Are Airline Stocks Down Today?

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So sad 😭","highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/877753392","repostId":1101751671,"repostType":4,"repost":{"id":"1101751671","pubTimestamp":1637969612,"share":"https://www.laohu8.com/m/news/1101751671?lang=&edition=full","pubTime":"2021-11-27 07:33","market":"us","language":"en","title":"AAL, DAL, UAL Stocks: Why Are Airline Stocks Down Today?","url":"https://stock-news.laohu8.com/highlight/detail?id=1101751671","media":"InvestorPlace","summary":"Airline stocks and other travel-related equities are getting hit hard today as a new variant of Covi","content":"Airline stocks and other travel-related equities are getting hit hard today as a new variant of Covid-19 has prompted several European countries, including the United Kingdom and Germany, to impose new travel restrictions.\nStocks of leading carriers, including&nbsp;American Airlines(NASDAQ:AAL),Delta Airlines(NYSE:DAL), and&nbsp;United Airlines(NASDAQ:UAL), are each down more than 5% in early morning trading today as fears grow that new lockdown measures andtravel restrictionswill be imposed around the world. This comes after a new, more contagious variant of Covid-19 has emerged in South Africa, with one case of the variant also reported in Israel.\nOther travel-related stocks, ranging from&nbsp;Airbnb(NASDAQ:ABNB) to&nbsp;Expedia Group(NASDAQ:EXPE) are also down more than 5% on news of the new coronavirus variant.\nWhat Happened With Airline Stocks\nStock markets around the world are plunging today on news that a potentially more deadlyvariant of Covid-19has emerged in South Africa. As the World Health Organization (WHO) convenes an emergency meeting in Geneva, Switzerland to discuss and examine the new variant, markets in Europe had their worst session in more than year. In Asia, Japan’s Nikkei 225 and Hong Kong’s Hang Seng index each fell more than 2%.\nIn the United States, the&nbsp;Dow Jones Industrial Average&nbsp;is down 2.6%, while the&nbsp;S&amp;P 500is down 1.9% and the&nbsp;Nasdaq Composite&nbsp;is down 1.6%. However, airline and travel stocks appear to be taking the brunt of the decline as governments across Europereacted swiftlyto the new Covid-19 variant. The U.K. and Germany are already blocking flights from South Africa. Other countries such as France and Italy have announced temporary travel bans from southern Africa, while Asian nations such as Singapore and Japan announced plans to broadly tighten their border controls.\nThe variant has been labeled B.1.1.529.\nWhy It Matters\nThetravel and tourism sectorwas arguable hardest hit by the pandemic, and airline stocks were only now beginning a tentative recovery. American Airlines, the largest carrier in the world with more international flights than any other company, has been particularly hurt. Before today’s selloff, AAL stock remained more than 30% below its pre-pandemic level. Many airlines were forced to take on huge amounts of debt during the pandemic and also tookfinancial aid packagesfrom the federal government that amounted to $54 billion.\nAmerican Airlines alone saw itsdebt swellto $40 billion over the last year and a half. That countries around the world may once again close their borders to international travelers and reimpose lockdown measures is terrible news for airline and travel companies, and comes at the worst possible time. The situation could also hurt taxpayers if governments are again forced to bail out the airlines in the face of new travel restrictions. How bad things ultimately get with the new Covid-19 variant remains to be seen. But the initial reaction is harming airline and travel stocks today.\nWhat’s Next\nAll eye will be on the World Health Organization and its emergency meeting in Geneva today. An update from the WHO on the new variant will either reassure markets or could lead to an even greater selloff, depending on how contagious and deadly the new variant proves to be. For now, airlines and other travel stocks look likely to continue falling as investors react to the latest pandemic news.","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AAL, DAL, UAL Stocks: Why Are Airline Stocks Down Today?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAAL, DAL, UAL Stocks: Why Are Airline Stocks Down Today?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-27 07:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/11/aal-dal-ual-stocks-why-are-airline-stocks-down-today/>InvestorPlace</a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\nAirline stocks and other travel-related equities are getting hit hard today as a new variant of Covid-19 has prompted several European countries, including the United Kingdom and Germany, to impose ...\n\n<a href=\"https://investorplace.com/2021/11/aal-dal-ual-stocks-why-are-airline-stocks-down-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://investorplace.com/2021/11/aal-dal-ual-stocks-why-are-airline-stocks-down-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101751671","content_text":"Airline stocks and other travel-related equities are getting hit hard today as a new variant of Covid-19 has prompted several European countries, including the United Kingdom and Germany, to impose new travel restrictions.\nStocks of leading carriers, including American Airlines(NASDAQ:AAL),Delta Airlines(NYSE:DAL), and United Airlines(NASDAQ:UAL), are each down more than 5% in early morning trading today as fears grow that new lockdown measures andtravel restrictionswill be imposed around the world. This comes after a new, more contagious variant of Covid-19 has emerged in South Africa, with one case of the variant also reported in Israel.\nOther travel-related stocks, ranging from Airbnb(NASDAQ:ABNB) to Expedia Group(NASDAQ:EXPE) are also down more than 5% on news of the new coronavirus variant.\nWhat Happened With Airline Stocks\nStock markets around the world are plunging today on news that a potentially more deadlyvariant of Covid-19has emerged in South Africa. As the World Health Organization (WHO) convenes an emergency meeting in Geneva, Switzerland to discuss and examine the new variant, markets in Europe had their worst session in more than year. In Asia, Japan’s Nikkei 225 and Hong Kong’s Hang Seng index each fell more than 2%.\nIn the United States, the Dow Jones Industrial Average is down 2.6%, while the S&P 500is down 1.9% and the Nasdaq Composite is down 1.6%. However, airline and travel stocks appear to be taking the brunt of the decline as governments across Europereacted swiftlyto the new Covid-19 variant. The U.K. and Germany are already blocking flights from South Africa. Other countries such as France and Italy have announced temporary travel bans from southern Africa, while Asian nations such as Singapore and Japan announced plans to broadly tighten their border controls.\nThe variant has been labeled B.1.1.529.\nWhy It Matters\nThetravel and tourism sectorwas arguable hardest hit by the pandemic, and airline stocks were only now beginning a tentative recovery. American Airlines, the largest carrier in the world with more international flights than any other company, has been particularly hurt. Before today’s selloff, AAL stock remained more than 30% below its pre-pandemic level. Many airlines were forced to take on huge amounts of debt during the pandemic and also tookfinancial aid packagesfrom the federal government that amounted to $54 billion.\nAmerican Airlines alone saw itsdebt swellto $40 billion over the last year and a half. That countries around the world may once again close their borders to international travelers and reimpose lockdown measures is terrible news for airline and travel companies, and comes at the worst possible time. The situation could also hurt taxpayers if governments are again forced to bail out the airlines in the face of new travel restrictions. How bad things ultimately get with the new Covid-19 variant remains to be seen. But the initial reaction is harming airline and travel stocks today.\nWhat’s Next\nAll eye will be on the World Health Organization and its emergency meeting in Geneva today. An update from the WHO on the new variant will either reassure markets or could lead to an even greater selloff, depending on how contagious and deadly the new variant proves to be. For now, airlines and other travel stocks look likely to continue falling as investors react to the latest pandemic news.","news_type":1},"isVote":1,"tweetType":1,"viewCount":426,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":58,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/877753392"}