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Nov. 8, 2021, 11:02 a.m. EST

American Airlines, United stocks rally to multi-month highs after U.S. OKs vaccinated foreign travelers

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By Tomi Kilgore

Airline stocks rallied Monday, after said foreign air travelers will be allowed to visit the U.S., as long as they show proof of full vaccination against COVID-19. The U.S. Global Jets ETF /zigman2/quotes/207744796/composite JETS +2.05% jumped 1.3%, putting it on track for the highest close since June 25. Among the ETF's most-active U.S.-listed components, shares of American Airlines Group Inc. /zigman2/quotes/209207041/composite AAL +0.69% climbed 1.4% toward the highest close June 25, United Airlines Holdings Inc. /zigman2/quotes/205037281/composite UAL -0.63% rose 2.3% toward the highest close since June 24 and Delta Air Lines Inc. /zigman2/quotes/200327741/composite DAL +2.78% gained 2.3% toward a five-week high. "Starting on November 8, foreign national air travelers to the United States will be required to be fully vaccinated and to provide proof of vaccination status prior to boarding an airplane to fly to the United States, with only limited exceptions," the U.S. State Department stated. The Jets ETF has rallied 7.9% over the past three months while the S&P 500 /zigman2/quotes/210599714/realtime SPX +1.24% has gained 6.0%.

/zigman2/quotes/207744796/composite
US : U.S.: NYSE Arca
$ 21.93
+0.44 +2.05%
Volume: 6.59M
Jan. 20, 2022 12:39p
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/zigman2/quotes/209207041/composite
US : U.S.: Nasdaq
$ 17.43
+0.12 +0.69%
Volume: 33.09M
Jan. 20, 2022 12:39p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$11.21 billion
Rev. per Employee
$238,393
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/zigman2/quotes/205037281/composite
US : U.S.: Nasdaq
$ 44.12
-0.28 -0.63%
Volume: 8.29M
Jan. 20, 2022 12:39p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$14.38 billion
Rev. per Employee
$331,102
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/zigman2/quotes/200327741/composite
US : U.S.: NYSE
$ 39.90
+1.08 +2.78%
Volume: 6.52M
Jan. 20, 2022 12:39p
P/E Ratio
96.05
Dividend Yield
0.00%
Market Cap
$24.85 billion
Rev. per Employee
$404,041
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/zigman2/quotes/210599714/realtime
US : S&P US
4,588.85
+56.09 +1.24%
Volume: 1.09B
Jan. 20, 2022 12:39p
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