Shares of several airline companies including Delta Air Lines, Inc. (NYSE:DAL), United Airlines Holdings, Inc. (NASDAQ:UAL) and American Airlines Group Inc. (NASDAQ:AAL) are trading lower amid a drop in Labor Day airline bookings due to COVID-19 concerns.
According to a Bloomberg report, spending for the Labor Day holiday was down 16% from 2019 as of Aug. 21, while bookings were off 15%.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
Delta Air Lines' stock was trading about 3.5% lower at $40.04 per share on Monday at the time of publication. The stock has a 52-week high of $52.28 and a 52-week low of $27.92.
United Airlines' stock was trading about 3.7% lower at $45.94 per share. The stock has a 52-week high of $63.70 and a 52-week low of $31.22.
American Airlines' stock was trading about 3.5% lower at $19.53 per share. The stock has a 52-week high of $26.09 and a 52-week low of $10.63.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.