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Why Airline Shares Are Falling Today

Why Airline Shares Are Falling Today

Airline shares are under pressure on Monday, weighed down by pessimistic news concerning the pace of both vaccine deployment and a new round of stimulus. Spirit Airlines (NYSE: SAVE) fell as much as 5.8% midday on Monday, while shares of United Airlines Holdings (NASDAQ: UAL), American Airlines Group (NASDAQ: AAL), Southwest Airlines (NYSE: LUV), and JetBlue Airways (NASDAQ: JBLU) each fell more than 4% apiece.