Why Airline Stocks Are Down Today
Airlines are likely not the first industry that comes to mind when discussing tariff impacts, but the sector is down big following Wednesday's broad tariff announcement.
Shares of United Airlines Holdings (NASDAQ: UAL) are down 13% as of 10:30 a.m. ET. Meanwhile, shares of Frontier Group Holdings (NASDAQ: ULCC) and JetBlue Airways (NASDAQ: JBLU) are down 11% apiece, leading a broad sell-off in the sector.
Airlines are in the business of transporting people from point A to point B, and people on international flights are not subject to the tariffs announced Wednesday. But that doesn't mean the industry will escape with no economic impact.
Source Fool.com
United Continental Holdings Stock
€69.39
-1.300%
The stock is an absolute favorite of our community with 39 Buy predictions and no Sell predictions.
As a result the target price of 98 € shows a positive potential of 41.23% compared to the current price of 69.39 € for United Continental Holdings.
