08-Oct-2009 3:15 PM
Air Canada and AirTran tumble, dragging down AMEX Airline Index
Analysis
Air Canada-B (-18.5%) and AirTran (-17.3%) stocks slumped yesterday (07-Oct-09), dragging the AMEX Airline Index (-1.8%) lower, despite a fall in oil prices (1.9%), to USD69.57. The wider market also slipped, with the Dow closed 0.1% lower.
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