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Here’s Why Airline Stocks Are Soaring Right Now

Shares of global airline stocks advanced more than 12% last week, indicating that investors were unfazed by the service outage that temporarily grounded planes in the U.S. United Airlines was the best performer for the week, up 22%, followed by American Airlines (20%) and Frontier Airlines (17%).

For the one-month, three-month and six-month periods, a basket of global airline stocks has crushed the market.

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This post appeared first on ETF Trends.