- Aerospace names are taking to the skies after Pfizer/BioNTech reported a 90% effective rate for its COVID-19 vaccine this morning.
- Commercial aviation has been battered by the coronavirus pandemic, but investors finally see a future where that may not be the reality.
- On the move: Airbus (OTCPK:EADSF +21.5%), Spirit AeroSystems (SPR +23.4%), Howmet Aerospace (HWM +25%), Safran OTCPK:SAFRY +16.8%, CAE (CAE +16.1%), Embraer (ERJ +12%), Boeing (BA +12.4%, Bombardier (OTCQX:BDRAF +10.1%), TransDigm (TDG +10.4%), ITT (ITT +7.8%), Astronics (ATRO +19.4%), Constellium (CSTM +17.8%), Hexcel (HXL +15.4%), Ducommun (DCO +7.8%), Heico (HEI +7.2%), Moog (MOG.A +13.7%), Woodward (WWD +14.3%), AAR Corp. (AIR +15.7%), Kaman (KAMN +12.4%) and Triumph Group (TGI +17.9%).
- The sentiment is spreading to shares of travel-related companies, which have been hit hard by the COVID-19 crisis: Tripadvisor (TCOM +21.9%, Trivago (TRVG +25.4%), Booking (BKNG +16.5%) and Expedia (EXPE +12.4%).
- Previously: Vaccine relief sweeps over casino, hotel and timeshare sectors (Nov. 09 2020)
- Previously: Cruise line names NCLH, RCL, CCL up more than 20% on positive data from Pfizer vaccine trial (Nov. 09 2020)
Upbeat vaccine news lifts aviation and travel sector
Airbus SE (EADSF) Stock, SPR Stock, HWM Stock, SAFRY Stock, CAE Stock, ERJ Stock, BA Stock, BDRAF Stock, TDG Stock, ITT Stock, ATRO Stock, CSTM Stock, HXL Stock, DCO Stock, HEI Stock, MOG.A Stock, WWD Stock, AIR Stock, KAMN Stock, TGI Stock, TCOM Stock, TRVG Stock, BKNG Stock, EXPE Stock, CAE:CA Stock, BBD.A:CA StockYoel Minkoff, 23 Comments