The airline sector was suffering another broad selloff Tuesday, amid worries over how a government shutdown will hurt the industry and as falling ticket prices raise concerns over profitability.
Southwest Airlines Co.’s stock LUV, -3.11% sank 2.8% toward the lowest close since May 15, 2020, according to Dow Jones Market Data. The stock has dropped 9.9% amid a seven-day losing streak, and has tumbled 15.9% over a 19-session stretch in which it has declined 16 times. Meanwhile, shares of American Airlines Group Inc. AAL, -1.24% lost 1.1% toward a five-month low, of Delta Air Lines Inc. DAL, -1.78% slumped 1.5% toward a four-month low and of United Airlines Holdings Inc. UAL, -0.89% gave up 0.6% toward a five-month low.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: