One of the most common questions traders have about stocks is “Why Is It Moving?”
That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving.
Here’s why shares of American Airlines, JetBlue and Palantir are moving.
American Airlines Group Inc (NASDAQ:AAL) and
JetBlue Airways Corporation (NASDAQ:JBLU) shares are trading higher after the companies reported better-than-expected fourth-quarter EPS and sales results.
American Airlines is the world s largest airline by scheduled revenue passenger miles, a standard industry metric.
JetBlue is a low-cost airline. It carries over millions of customers with an average of more than 1,000 daily flights and serves approximately 99 destinations in the United States, the Caribbean, and Latin America.
Airlines close books on rotten 2020 and so far, 2021 is grim - Medicine Hat NewsMedicine Hat News
medicinehatnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from medicinehatnews.com Daily Mail and Mail on Sunday newspapers.
4 Min Read
NEW YORK (Reuters) - The clash between retail traders and Wall Street professionals that sparked roller coaster rides in the shares of GameStop Corp may pose a risk to dozens of other stocks and potentially create a headache for the broader market, analysts said.
Slideshow ( 2 images )
Market watchers identified dozens of stocks potentially vulnerable to extreme volatility after a buying spree from an army of retail traders in recent days prompted hedge funds to unwind their bets against GameStop and other companies, fueling surges in their share prices in a phenomenon known as a “short squeeze.”
“Unfortunately, it’s definitely not a one-off thing,” said Randy Frederick, vice president of trading and derivatives at the Schwab Center for Financial Research. “The type of activity that drove that higher, I believe, has caused people to try to duplicate that in other names.”
Synopsis
Shares of the Fort Worth, Texas, company surged more than 20% in trading before the opening bell, seemingly part of volatile trading elsewhere on Wall Street this week.
AP
American Airlines Group Inc lost $8.9 billion after earning nearly $1.7 billion the year before.
Fort Worth (US): American Airlines lost $2.2 billion in the fourth quarter as people stayed put in the pandemic, sending the carrier s revenue plunging by nearly two-thirds from the same period a year ago.
American predicted that similar revenue trends from late 2020 will carry over into the first three months of 2021.
The results ended a dismal year in which American Airlines Group Inc lost $8.9 billion after earning nearly $1.7 billion the year before.
U.S. Travel Rules Spark Testing Rush in Resort Getaway Spots Bloomberg 1/28/2021 Andrea Navarro and Patrick Clark
(Bloomberg) Hotels, airports and airlines across Mexico and the Caribbean are rushing to set up Covid-19 testing sites to meet new U.S. entry rules and salvage demand for the pandemic-hit travel industry.
In Mexico, tourist magnets like Cancun have set up multiple testing sites inside airports to accommodate travelers to the U.S., which on Tuesday started requiring proof of negative Covid results before allowing visitors to fly in from other nations. Hyatt Hotels Corp. is offering complimentary testing at its 19 Latin America resorts, while Marriott International Inc. is providing a mix of on-site testing and assistance coordinating with local facilities.
vimarsana © 2020. All Rights Reserved.