Airline stocks post impressive gains on Monday

The S&P 500 Index (SPX) He opened sideways on Monday, but had no difficulty gaining traction. At time of writing, the SPX was up 0.47% on the day at 3,860.

S&P 500 Major Changes

Shares of major airlines are rising sharply at the start of the week as investors continue to value the return to normalcy. So far, United Airlines Holdings Inc (UAL: NASDAQ) shares are up 6.5% on the day to $ 53.80. Also, shares of Alaska Air Group Inc (ALK: NYSE) and Southwest Airlines Co (LUV: NYSE) are up 6%, while American Airlines Group Inc (AAL: NASDAQ) gained 5.5% to $ 21.55.

On the other hand, Cadence Design Systems Inc (CDNS: NASDAQ) is the largest percentage of daily decline, losing 4.07% to $ 121.52. Among the other big losers, shares of KLA Corp (KLAC: NASDAQ), Teradyne Inc (TER: NASDAQ) and NVIDIA Corp (NVDA: NASDAQ) fell between 3.75% and 4%.

.

You may also like