BUZZ-US airline stocks slide as oil spike, geopolitical tensions weigh on sector

Alaska Air Group, Inc.
United Airlines Holdings
Southwest Airlines Co.
American Airlines Group Inc.
Delta Air Lines, Inc.

Alaska Air Group, Inc.

ALK

0.00

United Airlines Holdings

UAL

0.00

Southwest Airlines Co.

LUV

0.00

American Airlines Group Inc.

AAL

0.00

Delta Air Lines, Inc.

DAL

0.00

** U.S. airline stocks were down premarket on Friday

** Airline stocks drop as oil prices rose ~2% after U.S. President Donald Trump said he and China President Xi Jinping agree that Iran must not develop nuclear weapons amid concerns over shipping disruptions in the Strait of Hormuz O/R

** Delta Air Lines DAL.N, United Airlines UAL.O and Southwest Airlines LUV.N drop between 1% and 1.5%

** Shares of Alaska Air ALK.N down 1.6%

** The Dow Jones U.S. airlines sub-index .DJUSAR down ~7.7%, YTD


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