Weekly Roundup: US Airlines Slip, Cruise Lines Fall, ServiceNow Leaps
This week's biggest winners and losers in the stock market. On this episode of Stock Movers, we look at some of the week's biggest gainers and decliners: - US airline stocks, like United Airlines (UAL) and Southwest (LUV) slipped into a bear market as Wall Street warns that the war in the Middle East threatens to dramatically squeeze profits by driving up fuel costs. The S&P Supercomposite Airlines Industry Index closed down 4.1% on Friday afternoon, extending a skid into a sixth day. The group is down over 22% from a multi-year high marked just last month. A decline of 20% or more from a…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.