KAMN - Upbeat vaccine news lifts aviation and travel sector
Aerospace names are taking to the skies after Pfizer/BioNTech reported a 90% effective rate for its COVID-19 vaccine this morning.Commercial aviation has been battered by the coronavirus pandemic, but investors finally see a future where that may not be the reality.On the move: Airbus ([[EADSF]] +21.5%), Spirit AeroSystems ([[SPR]] +23.4%), Howmet Aerospace ([[HWM]] +25%), Safran [[SAFRY]] +16.8%, CAE ([[CAE]] +16.1%), Embraer ([[ERJ]] +12%), Boeing ([[BA]] +12.4%, Bombardier ([[BDRAF]] +10.1%), TransDigm ([[TDG]] +10.4%), ITT ([[ITT]] +7.8%), Astronics ([[ATRO]] +19.4%), Constellium ([[CSTM]] +17.8%), Hexcel ([[HXL]] +15.4%), Ducommun ([[DCO]] +7.8%), Heico ([[HEI]] +7.2%), Moog ([[MOG.A]] +13.7%), Woodward ([[WWD]] +14.3%), AAR Corp. ([[AIR]] +15.7%), Kaman ([[KAMN]] +12.4%) and Triumph Group ([[TGI]] +17.9%).The sentiment is spreading to shares of travel-related companies, which have been hit hard by the COVID-19 crisis: Tripadvisor ([[TCOM]] +21.9%, Trivago ([[TRVG]] +25.4%), Booking ([[BKNG]] +16.5%) and Expedia ([[EXPE]] +12.4%).Previously: Vaccine relief sweeps over casino, hotel and timeshare sectors (Nov. 09 2020)Previously:
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Upbeat vaccine news lifts aviation and travel sector