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MarketWatch
MarketWatch
US · 18 mins ago
78◉ Centre
This hedge fund just dumped the ‘big three’ airline stocks, as the industry faces soaring fuel costs
78Quality
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AI Analysis
Quality 78/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

Appaloosa hedge fund has sold its complete holdings in Delta, American, and United Airlines while increasing positions in Amazon and Uber, amid industry concerns over rising fuel costs.

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This hedge fund just dumped the ‘big three’ airline stocks, as the industry faces soaring fuel costs
Appaloosa sold off its entire positions in Delta, American and United, while loading up on shares of Amazon and Uber.
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