Airlines Surge Toward Best Week Ever, and Trump Needles Buffett

(Bloomberg) — U.S. airline shares headed for a record weekly gain as investors bet that travel demand was poised to rebound.American Airlines Group Inc. and United Airlines Holdings Inc. climbed for a fifth straight day on signs that passengers were returning after the Covid-19 pandemic devastated demand. Friday’s surge — amid a broad rally on encouraging economic news — was big enough to spur President Donald Trump to tease billionaire Warren Buffett for dumping airline shares.“He’s been right his whole life, but sometimes even somebody like Warren Buffett — I have a lot of respect for him — they make …read more

Source:: Yahoo Finance

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