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Why Airline Shares Are Falling Today

TheMotleyFool

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November has been a great month for airline stocks, with carriers easily outpacing strong S&P 500 gains on excitement surrounding the development of a COVID-19 vaccine. But on Monday investors seem to be questioning whether stocks have run too far too fast, and airlines are under pressure as a result.

Shares of American Airlines Group (NASDAQ: AAL) led the decline on Monday, down 7% at one point, with shares of Spirit Airlines (NYSE: SAVE) off by as much as 6.5% and JetBlue Airways (NASDAQ: JBLU) down by as much as 5.7%.

Image source: Getty Images.

Source Fool.com

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