16-Jun-2009 11:30 AM
GOL, TAM stocks slide. Delta, Allegiant, Hawaiian underperform as Dow tips. Air Canada up.
Analysis
GOL (-7.6%), TAM (-7.3%) stocks fell heavily yesterday as Latin American economic sentiment wobbled. US major Delta (-4.7%) suffered the largest fall of the big five, while Allegiant (-5.8% - see below) and Hawaiian (-6.3%) also lost heavily. The steepest decline in a month on Wall Street fuelled nervousness towards the sector overall.
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