WH - These travel and leisure stocks are gaining because vacations are still a go

The airline sector ripped gains on Tuesday after a round of Q1 guidance updates indicated strong booking trends in March and confidence in second half profitability. Top gainers were Frontier Group (ULCC +10.7%), Delta Air Lines (DAL +8.7%), United Airlines (UAL +8.1%), American Airlines Group (AAL +8.2%), Spirit Airlines (SAVE +8.7%) and JetBlue Airways (JBLU +7.5%). Travel and leisure stocks in general saw gains with inflation and gas price fears fading ever so slightly with Americans expected to spend right through the inflation-heavy summer months. Travel service stocks like Travelzoo (TZOO +4.4%), Booking Holdings (BKNG +3.5%) and Airbnb (ABNB +3.4%) were up in early trading. Cruise line stocks Carnival (CCL +4.8%), Norwegian Cruise Line Holdings (NCLH +5.7%) and Royal Caribbean (RCL +4.2%) all broke higher. Theme park stocks Six Flags Entertainment (SIX +2.3%), Cedar Fair (FUN +2.4%) and SeaWorld Entertainment (SEAS +2.3%) were also notably higher. Lodging stocks Wyndham Hotels

For further details see:

These travel and leisure stocks are gaining because vacations are still a go