Why Azul Stock Is Up Today
Brazilian airline Azul (NYSE: AZUL) has taken investors on a wild ride over the past few months, and Friday was no exception. The airline's shares were up more than 7% in afternoon trading thanks to positive commentary about an airline recovery from a Wall Street analyst.
It's been a difficult few years for airline stocks in general, and for Latin American airlines in particular. The pandemic led to a number of bankruptcies among South American airlines. Azul was able to fly through that turbulence, but has recently been caught up by concerns about how a Chinese debt crisis could impact emerging markets.
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Source Fool.com
