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Why Airline Stocks Are on the Rise Today

Lou Whiteman, The Motley Fool
·2-min read
Why Airline Stocks Are on the Rise Today

Shares of American Airlines Group (NASDAQ: AAL) led the march higher, up as much as 7.5% in midday trading, and shares of United Airlines Holdings (NASDAQ: UAL), Delta Air Lines (NYSE: DAL), Spirit Airlines (NYSE: SAVE), and JetBlue Airways (NASDAQ: JBLU) all gained as much as 5% apiece. Wall Street ended a gloomy week with a ray of sunshine, with markets shooting higher on Friday after comments from Federal Reserve Chair Jerome Powell reaffirming the Fed's proactive but not panicked approach to rising levels of inflation.

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