Why Azul Stock Is Up Today
Shares of Brazilian airline Azul (NYSE: AZUL) jumped as much as 5% higher on Friday, spurred by an analyst price boost and an optimistic outlook for air travel overseas.
Airline stocks had a difficult time during the pandemic, and Latin American carriers were hit harder than most. Azul managed to remain airborne and avoid bankruptcy, unlike some of its rivals, but the industry has been under pressure.
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Source Fool.com
