SNCY - Travel and leisure stocks rally again as Omicron developments trend favorably

Another day of encouraging news on the vaccine and Omicron front has investors pushing back into travel and leisure stocks. Some of the biggest gainers in early trading are Norwegian Cruise Line Holdings (NCLH +8.5%), Carnival (CCL +6.6%), Hawaiian Holdings (HA +5.9%), Royal Caribbean (RCL +7.1%), Spirit Airlines (SAVE +5.4%), SeaWorld Entertainment (SEAS +5.7%), SkyWest (SKYW +3.9%), Allegiant Travel (ALGT +5.8%), Caesars Entertainment (CZR +4.5%), Full House Resorts (FLL +4.2%), TripAdvisor (TRIP +3.5%), JetBlue (JBLU +4.6%) and Sun Country Airlines Holdings (SNCY +7.1%). There is also some notable pushback on the global front in regard to international travel restrictions. IATA Director General Willie Walsh is quoted as saying that flight curbs are "nonsense" when variants are already in a nation. Shares of Deutsche Lufthansa (OTCQX:DLAKF) and Air France-KLM (OTCPK:AFRAF) are slightly lower in European trading today. See a rundown on how the broad market opened today.

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Travel and leisure stocks rally again as Omicron developments trend favorably