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StockWatch: Biden’s Announcement Lifts US Airlines!

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Shares of American, United, and Delta Airlines rose about 3% on Monday after the White House said it would ease travel restrictions for international travelers.

The new plan will end boarding bans on most non-US citizens from entering the US from the EU, UK, and other countries.

Monday’s announcement came after the peak summer travel season, but it could mean stronger demand for end-of-year holiday trips.

Will this news keep the airline industry elevated?

Timestamps:

  • AAL 01:50
  • DAL 03:35

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