Bulletin
Investor Alert

New York Markets After Hours

Market Pulse Archives

July 5, 2022, 8:03 a.m. EDT

Airline stocks fall even as July 4 weekend travelers reach pandemic-era highs

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    U.S. Global Jets ETF (JETS)
  • X
    American Airlines Group Inc. (AAL)
  • X
    Delta Air Lines Inc. (DAL)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

Shares of air carriers were broadly lower Tuesday, even as travelers over the July 4 holiday weekend reached a pandemic-era high and as fewer flights were cancelled than in the days leading up to the weekend. The U.S. Global Jets ETF /zigman2/quotes/207744796/composite JETS +0.89% fell 0.8% in premarket trading, with the shares of all of its U.S.-based airline components that are trading losing ground. Among the more-active U.S. air carriers, shares of American Airlines Group Inc. /zigman2/quotes/209207041/composite AAL +1.11% dropped 2.1%, Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL +0.97% slid lost 1.1%, United Airlines Holdings Inc. /zigman2/quotes/205037281/composite UAL +1.08% shed 1.5%, JetBlue Airways Corp. /zigman2/quotes/207639051/composite JBLU -1.31% lost 0.8%, Spirit Airlines Inc. /zigman2/quotes/205782179/composite SAVE -0.92% sank 2.6% and Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV +0.58% gave up 1.7%. Meanwhile, data provided by the U.S. Transportation Security Administration showed that the number of travelers going through TSA checkpoints fell to a one-month low of 2,081,119 on Monday, and was below last year's 2,160,147.

/zigman2/quotes/207744796/composite
US : U.S.: NYSE Arca
$ 19.25
+0.17 +0.89%
Volume: 5.56M
Aug. 16, 2022 4:00p
loading...
/zigman2/quotes/209207041/composite
US : U.S.: Nasdaq
$ 15.50
+0.17 +1.11%
Volume: 23.63M
Aug. 16, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$9.96 billion
Rev. per Employee
$329,959
loading...
/zigman2/quotes/200327741/composite
US : U.S.: NYSE
$ 35.34
+0.34 +0.97%
Volume: 8.75M
Aug. 16, 2022 4:00p
P/E Ratio
38.36
Dividend Yield
0.00%
Market Cap
$22.44 billion
Rev. per Employee
$503,566
loading...
/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 40.29
+0.43 +1.08%
Volume: 6.92M
Aug. 16, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$13.02 billion
Rev. per Employee
$423,543
loading...
/zigman2/quotes/207639051/composite
US : U.S.: Nasdaq
$ 9.05
-0.12 -1.31%
Volume: 12.99M
Aug. 16, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.97 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/205782179/composite
US : U.S.: NYSE
$ 24.68
-0.23 -0.92%
Volume: 1.37M
Aug. 16, 2022 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.71 billion
Rev. per Employee
$460,419
loading...
/zigman2/quotes/201071949/composite
US : U.S.: NYSE
$ 39.87
+0.23 +0.58%
Volume: 4.72M
Aug. 16, 2022 4:00p
P/E Ratio
25.32
Dividend Yield
0.00%
Market Cap
$23.52 billion
Rev. per Employee
$383,884
loading...

This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.