Why Are Airline Stocks Trading Higher Today?

Shares of several airline companies including Delta Air Lines, Inc. DAL, United Airlines Holdings, Inc. UAL and American Airlines Group Inc. AAL are trading higher following FDA approval of the Pfizer-BioNTech COVID-19 vaccine, which has lifted reopening names.

Over the past year, Delta's stock is up approximately 38%. The stock has traded as high as $52.28 and as low as $27.92 over the past 52-weeks.

United Airlines' stock is up approximately 30% over the past year. The stock has traded as high as $63.70 and as low as $31.22 over the past 52-weeks.

American Airlines' stock is up approximately 46% over the past year. The stock has traded as high as $26.09 and as low as $10.63 over the past 52-weeks.

Last checked Tuesday, Delta's stock was up about 3.4% at $40.55, United Airlines' stock was up about 3.5% at $47.15 and American Airlines' stock was up about 3.7% at $19.82.