Fresh Ebola fears affect airline stocks

October 16, 2014 1:37 AM

4 0

DALLAS — News that a health-care worker diagnosed with Ebola flew on a plane full of passengers raised fear among airline investors that the scare over the virus could cause travelers to avoid flying.

Shares of the biggest U.S. airlines tumbled between 5 percent and 8 percent before recovering in afternoon trading. The overall market slumped on concern about slowing global economic growth but also recouped some losses late in the day.

Also read: Borsa Istanbul repo market quotation removed after some funding provided

Read more

To category page

Loading...