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Nov. 16, 2020, 7:21 a.m. EST

Airline stocks jump after upbeat news on potential COVID-19 vaccine

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By Tomi Kilgore

Shares of airlines took flight Monday, following upbeat efficacy data on Moderna Inc.'s COVID-19 vaccine candidate. The U.S. Global Jets ETF /zigman2/quotes/207744796/composite JETS -0.58% surged 4.2% in premarket trading, after being up 2.6% just before Moderna said its mRNA-1273 COVID-19 vaccine demonstrated 94.5% efficacy, and that it can be stored for longer times at standard refrigerator temperatures. Among the more active air carrier stocks, American Airlines Group Inc. /zigman2/quotes/209207041/composite AAL -0.06% ran up 6.4%, Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL -1.65% climbed 4.6%, United Airlines Holdings Inc. /zigman2/quotes/205037281/composite UAL -1.06% hiked up 7.5%, JetBlue Airways Corp. /zigman2/quotes/207639051/composite JBLU +0.13% soared 8.1%, Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV -0.80% jumped 5.5% and Spirit Airlines Inc. /zigman2/quotes/205782179/composite SAVE +0.73% advanced 8.2%. The rally comes as futures /zigman2/quotes/209948968/delayed ES00 -0.11% for the S&P 500 /zigman2/quotes/210599714/realtime SPX -0.30% rallied 1.2%.

/zigman2/quotes/207744796/composite
US : U.S.: NYSE Arca
$ 22.25
-0.13 -0.58%
Volume: 5.57M
Jan. 22, 2021 8:00p
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/zigman2/quotes/209207041/composite
US : U.S.: Nasdaq
$ 15.82
-0.01 -0.06%
Volume: 39.13M
Jan. 22, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$9.57 billion
Rev. per Employee
$342,319
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/zigman2/quotes/200327741/composite
US : U.S.: NYSE
$ 40.00
-0.67 -1.65%
Volume: 11.31M
Jan. 22, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$25.51 billion
Rev. per Employee
N/A
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/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 42.14
-0.45 -1.06%
Volume: 13.54M
Jan. 22, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$13.14 billion
Rev. per Employee
N/A
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/zigman2/quotes/207639051/composite
US : U.S.: Nasdaq
$ 15.29
+0.02 +0.13%
Volume: 4.82M
Jan. 22, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$4.81 billion
Rev. per Employee
N/A
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/zigman2/quotes/201071949/composite
US : U.S.: NYSE
$ 47.39
-0.38 -0.80%
Volume: 4.81M
Jan. 22, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$27.98 billion
Rev. per Employee
$368,882
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/zigman2/quotes/205782179/composite
US : U.S.: NYSE
$ 27.67
+0.20 +0.73%
Volume: 3.08M
Jan. 22, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$2.70 billion
Rev. per Employee
$428,567
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/zigman2/quotes/209948968/delayed
US : U.S.: CME
$ 3,830.00
-4.20 -0.11%
Volume: 1.14M
Jan. 22, 2021 4:00p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,841.47
-11.60 -0.30%
Volume: 2.29B
Jan. 22, 2021 4:59p
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