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Non-Tech : Airline Discussion Board

JETS 24.93

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Nov 11 4:00 PM EST

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From: Sam	11/9/2020 8:10:37 AM
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More details on the the airlines premarket moves. Airline stocks soar after Pfizer vaccine achieves success in Phase 3 study Nov. 9, 2020 7:23 AM ET\|About: American Airlines Group Inc. (AAL)\|By: Clark Schultz, SA News Editor Airline stocks are soaring after Pfizer/BioNTech reports a 90% effective rate for its COVID-19 vaccine. "Today is a great day for science and humanity. The first set of results from our Phase 3 COVID-19 vaccine trial provides the initial evidence of our vaccine's ability to prevent COVID-19," says Pfizer CEO Dr. Albert Bourla. American Airlines Group (NASDAQ: AAL) +14.75%, Delta Air Lines (NYSE: DAL) +11.71%, Southwest Airlines (NYSE: LUV) +9.05%, Alaska Air Group (NYSE: ALK) +8.95%, United Airlines (NASDAQ: UAL) +10.44%, Hawaiian Holdings (NASDAQ: HA) +8.30% and Spirit Airlines (NYSE: SAVE) +11.47%. Boeing (NYSE: BA) is also soaring on the news, up 14%. It its latest earnings it noted results were continuing to be significantly impacted by Covid-19 and announced plans to cut 11K jobs. Global stocks were already notably higher in a post-election rally even before the Pfizer news broke. seekingalpha.com

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