Shares of airline stocks are trading lower in sympathy with JetBlue, which fell after issuing weak guidance.
Portfolio Pulse from Benzinga Newsdesk
Airline stocks are trading lower in sympathy with JetBlue after it issued weak guidance. This includes American Airlines (AAL), Alaska Air Group (ALK), Delta Air Lines (DAL), Southwest Airlines (LUV), and United Airlines (UAL).
August 04, 2023 | 9:18 am
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NEGATIVE IMPACT
American Airlines' stock is trading lower due to weak guidance from JetBlue.
As JetBlue's weak guidance indicates a potential downturn in the airline industry, this has led to a decrease in American Airlines' stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Alaska Air Group's stock is trading lower due to weak guidance from JetBlue.
As JetBlue's weak guidance indicates a potential downturn in the airline industry, this has led to a decrease in Alaska Air Group's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Delta Air Lines' stock is trading lower due to weak guidance from JetBlue.
As JetBlue's weak guidance indicates a potential downturn in the airline industry, this has led to a decrease in Delta Air Lines' stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Southwest Airlines' stock is trading lower due to weak guidance from JetBlue.
As JetBlue's weak guidance indicates a potential downturn in the airline industry, this has led to a decrease in Southwest Airlines' stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
United Airlines' stock is trading lower due to weak guidance from JetBlue.
As JetBlue's weak guidance indicates a potential downturn in the airline industry, this has led to a decrease in United Airlines' stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80