02-Sep-2009 3:00 PM
Ugly falls for US Air and United; Continental; GOL up on broker support
Analysis
North and South American carriers' stocks tumbled on Tuesday (01-Sep-09), as the Dow (-2%) declined. An early rebound in oil prices was a negative for airlines, even though oil ended trading 2.7% down, at USD68.05 The AMEX Airline Index plunged (-5%).
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