The Standard & Poor’s 500 airline index slumped 3.8 percent combined on Monday and Tuesday, five times the 0.7 percent drop in the S&P 500. American Airlines Group Inc., the world’s biggest carrier, led the industry group with a 5.8 percent decline over the two days.
Marketing pricing in the secondary effects new political policies. Is this accurate or an over-correction?
Reference:
Airline Stocks Lose $4.9 Billion as Investors Weigh Travel Ban
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