Why Airline Stocks Are Trading Higher Today
Shares of several airline companies such as American Airlines Group Inc. (NASDAQ: AAL), Delta Air Lines, Inc. (NYSE: DAL) and United Airlines Holdings, Inc. (NASDAQ: UAL) are trading higher amid multiple positive catalysts for the sector including TSA checkpoint data, which showed increased traveler throughput for Aug. 9.
Last week, U.S. senators indicated support for additional aid to the industry, while the U.S. State Department lifted its international travel advisory.
American Airlines' stock was trading up 7.75% at $14.04 per share on Wednesday at the time of publication. The company has a 52-week high of $31.67 and a 52-week low of $8.25.
Delta's stock was trading up 5.56% at $28.69. The company has a 52-week high of $62.48 and a 52-week low of $17.51.
United Airlines' stock was trading up 6.29% at $36.47. The company has a 52-week high of $95.16 and a 52-week low of $17.80.
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