In Monday’s Blitz Daily, we take a look at travel company United Airlines as the latest coronavirus variant outbreaks spread quickly out of Southern Africa.
The travel industry can’t catch a break... After a nice pop following the initial vaccine wave in early 2021, the delta variant quickly clipped airlines’ wings, and it’s like déjà vu all over again. This time it’s the omicron variant mucking things up for travel stocks.
United shares dropped as low as $40.16 during Friday’s sell-off — a 14% decline from its pre-Thanksgiving close. But all that selling can’t chase off these permabulls!
But if you’re looking for something a little more grounded, I have two more trades waiting for you inside…
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