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Why Airline Stocks Are Trading Lower Today

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Why Airline Stocks Are Trading Lower Today

Shares of several airline companies such as Delta Air Lines, Inc. (NYSE: DAL), American Airlines Group Inc. (NASDAQ: AAL) and United Airlines Holdings Inc. (NASDAQ: UAL) are trading lower amid sector uncertainty ahead of Oct. 1, when the prohibition on job cuts expires. IATA also reported a steep decline in domestic and international August air traffic.

Delta Air Lines' stock was trading down 2.52% at $30.55 per share on Tuesday at the time of publication. The company has a 52-week high of $62.48 and a 52-week low of $17.51.

American Airlines' stock was trading down 3.72% at $12.28. The company has a 52-week high of $31.67 and a 52-week low of $8.25.

United Airlines' stock was trading down 3.87% at $34.55. The company has a 52-week high of $95.16 and a 52-week low of $17.80.

 

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