Travel Stocks Soar After Pandemic Struggles

It was a turbulent year for carriers in 2022. But Southwest’s holiday meltdown stands out. So how much did the cancellations, lost bags and complaints affect the company’s place in WSJ’s annual airline rankings? Illustration: Jon KrauseThe travel industry is making a comeback from Covid-19. Stock prices are going along for the ride.

Consumers have flocked to the skies, after the worst of the pandemic essentially shuttered the travel industry. Shares of companies focused on travel are among the early winners of 2023. United Airlines Holdings Inc. and American Airlines Group Inc. have advanced 39% and 34%, respectively. Cruise operators Carnival Corp. and Royal Caribbean Group are up 49% and 40%. Expedia Group Inc. has risen 39%. Caesars Entertainment Inc. has advanced 29%, while Marriott International Inc. is up 18%.

Allegiant Travel $ALGT +50% year-to-date

Johnny Depp had heartbreaking split from 'love of his life'

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coinbase Shares Soar as Crypto-Related Stocks Continue Post-Fed RallyCrypto-related stocks including $COIN and $SI soared on Thursday after US Federal Reserve Chair Jerome Powell noted progress in disinflation on Wednesday. HeleneBraunn and Aoyon_A report. HeleneBraunn Aoyon_A It is clear BTC has proved its use case during this uncertain times. We need more experts like cry_guru20, who educate people on the evolution of the market so people avoid common mistakes. so they don't walk out of the market feeling frustrated! Keep up the great work!
Source: CoinDesk - 🏆 291. / 63 Read more »

Meta shares soar as company cuts spending, forecasts upbeat first-quarter salesMeta Platforms Inc's stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the 'Year of Efficiency.' TheOmniLiberal You still holding onto Meta shares?
Source: Reuters - 🏆 2. / 97 Read more »