LTH - Travel and leisure stocks recover as Omicron anxiety fades

The travel and leisure sector is recovering after news of a new COVID variant on Friday disrupted the holiday-shortened session. Of note, the Transportation Security Administration screened 85% of the number of people on Sunday than it did two years ago before the pandemic. Airline cancellations for the weekend were low as airlines handled the demand crush effectively. Some analysts are suggesting that algorithmic trading weighed heavily on Friday with overall volume low. Airline stocks: American Airlines (AAL +0.7%), Delta Airlines (DAL +0.5%), Southwest Airlines (LUV +0.3%), United Airlines (UAL +1.2%), JetBlue (JBLU +1.7%), Hawaiian Holdings (HA +2.0%), Alaska Air Group (ALK +0.5%), Allegiant Travel (ALGT +1.2%), Spirit Airlines (SAVE +1.5%), Mesa Airlines (MESA -0.4%), SkyWest (SKYW +0.8%), Sun Country Airlines (SNCY +2.6%), Frontier Group (ULCC +1.0%). Cruise line stocks: Royal Caribbean (RCL +3.8%), Carnival (CCL +2.3%), Norwegian Cruise Line Holdings (NCLH +1.4%) and Lindblad Expeditions Holdings (LIND +1.7%) Hotel

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Travel and leisure stocks recover as Omicron anxiety fades