Market Currents
Airline stocks move higher on a weak tape as lower oil prices continue to bode well for the...
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Monday, May 7, 2012, 10:06 AM ETAirline stocks move higher on a weak tape as lower oil prices continue to bode well for the bottom lines of carriers. Yet, Barron's has a warning, reminding investors that airline stocks tend to be rented - not bought - as the "quintessential cyclical canaries in the coal mine." Sector leaders: UAL +3.5%, DAL +1.4%, LCC +1.5%, LUV +0.8%.
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