Airline Stocks Unbothered by Ground Stop Delays: UAL Up 5%
Airline stocks rise despite a telecom outage disrupting New York-area airports, as falling oil prices outweigh delays.
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Why It Matters
A telecom problem caused airport delays, but airline stocks rose anyway. This happened because oil prices fell, which saves airlines money on fuel.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.