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Why Airline Stocks Are Up Today

Why Airline Stocks Are Up Today

Airline shares gained altitude on Monday thanks to a series of positive signs concerning the industry's post-pandemic recovery. United Airlines Holdings (NASDAQ: UAL), American Airlines Group (NASDAQ: AAL), and Spirit Airlines (NYSE: SAVE) led the way higher, each up more than 5% at one point on Monday. A vaccine developed by Johnson & Johnson got the green light from U.S. regulators over the weekend, which means the country now has three vaccines to deploy against the virus.