Bulletin
Investor Alert

New York Markets Close in:

Market Pulse Archives

June 1, 2021, 9:50 a.m. EDT

Airline stocks in broad rally after Memorial Day travelers reaches pre-pandemic levels

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
    United Airlines Holdings Inc. (UAL)

or Cancel Already have a watchlist? Log In

By Tomi Kilgore

Shares of air carriers enjoyed a broad rally Tuesday, after data showing that the number of travelers over the Memorial Day weekend reached pre-pandemic levels. Throughput data provided by the Transportation Security Administration showed that 7,116,027 people went through TSA checkpoints during the four days from Friday through Monday. That total included 1,959,593 travelers on Friday, the highest daily total since March 7, 2020, or before the World Health Organization declared the COVID-19 outbreak a pandemic on March 11, 2020. There were 1,900,179 travelers on Monday, according to the TSA, and 1,605,810 on Saturday and 1,650,454 on Sunday. The U.S. Global Jets ETF /zigman2/quotes/207744796/composite JETS +1.99% rallied 1.8% in morning trading. Among the sector's more actively traded shares, American Airlines Group Inc. /zigman2/quotes/209207041/composite AAL +2.52% hiked up 3.1%, United Airlines Holdings Inc. /zigman2/quotes/205037281/composite UAL +2.07% advanced 2.4%, Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL +2.51% climbed 1.4%, JetBlue Airways Corp. /zigman2/quotes/207639051/composite JBLU +1.86% rose 2.0% and Southwest Airlines Co. /zigman2/quotes/201071949/composite LUV +2.53% tacked on 0.8%. Meanwhile, the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.54% gained 0.4%.

/zigman2/quotes/207744796/composite
US : U.S.: NYSE Arca
$ 21.24
+0.41 +1.99%
Volume: 5.13M
Jan. 26, 2022 1:44p
loading...
/zigman2/quotes/209207041/composite
US : U.S.: Nasdaq
$ 16.88
+0.42 +2.52%
Volume: 17.85M
Jan. 26, 2022 1:44p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$10.66 billion
Rev. per Employee
$290,964
loading...
/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 42.65
+0.87 +2.07%
Volume: 7.15M
Jan. 26, 2022 1:44p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$13.53 billion
Rev. per Employee
$331,102
loading...
/zigman2/quotes/200327741/composite
US : U.S.: NYSE
$ 39.69
+0.97 +2.51%
Volume: 6.10M
Jan. 26, 2022 1:44p
P/E Ratio
95.62
Dividend Yield
0.00%
Market Cap
$24.78 billion
Rev. per Employee
$404,041
loading...
/zigman2/quotes/207639051/composite
US : U.S.: Nasdaq
$ 13.99
+0.26 +1.86%
Volume: 4.57M
Jan. 26, 2022 1:44p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$4.37 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/201071949/composite
US : U.S.: NYSE
$ 44.96
+1.11 +2.53%
Volume: 5.60M
Jan. 26, 2022 1:44p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$25.96 billion
Rev. per Employee
$225,699
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,423.58
+67.13 +1.54%
Volume: 1.46B
Jan. 26, 2022 1:44p
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.