Market Recovers: Airline Stocks Still Slump

Wallstreet-4

What a rock and roll day it was today on Wall Street.

At 1:00 P.M. EDT, the market was down about 343 points. At the close, which just occurred, the DJIA ended the day down  by a few points. (The final numbers are still being calculated.)

As one of the guys on CNBC just said, “As I walked on the trading floor just now, I overheard one trader say, “I need a drink.”

At the close, Continental Airlines had some company in the plus column, an improvement from earlier in the day.

The winners?

Allegiant was up about 1% to 30.18, Alaska was up 3% to 22.24, AMR was up 5% to 22.20, Continental rocked and rolled its way up a nice 9% to 28.82, Delta was up 1% to 15.76, Frontier was up 1.5% to 5.34, JetBlue was up 3% to 9.16, US Airways was up 4% to 26.64, Northwest was up 4% to 15.50, Republic was up 2% to 18.50, SkyWest was up 6% to 24.14, United was up 1% to 38.40, and ExpressJet shares were up a nice 7% to 4.12.

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