Shares of airline stocks are trading lower in sympathy with Southwest, which reported mixed Q2 results and an increase in fuel costs.
Portfolio Pulse from Bill Haddad
Airline stocks are trading lower following Southwest's mixed Q2 results and increased fuel costs. American Airlines (AAL), Delta Air Lines (DAL), and United Airlines (UAL) are among those affected.
July 27, 2023 | 2:38 pm
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NEGATIVE IMPACT
American Airlines' stock is trading lower in sympathy with Southwest's mixed Q2 results and increased fuel costs.
As Southwest reported mixed Q2 results and an increase in fuel costs, it has led to a negative sentiment in the airline sector, impacting American Airlines' stock negatively.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
Delta Air Lines' stock is trading lower in sympathy with Southwest's mixed Q2 results and increased fuel costs.
Southwest's mixed Q2 results and increased fuel costs have created a negative sentiment in the airline sector, which is negatively impacting Delta Air Lines' stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
United Airlines' stock is trading lower in sympathy with Southwest's mixed Q2 results and increased fuel costs.
The mixed Q2 results and increased fuel costs reported by Southwest have led to a negative sentiment in the airline sector, which is negatively impacting United Airlines' stock.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75