Stocks Ride Roller Coaster Ahead of Fed, and Will Tesla’s Pain Lead to Gains for Legacy Automakers? 12/13/22
CNBC's "Fast Money"
00:00
Is There a Bearish Jets Trade?
United Airlines lost almost 7% today after announcing a deal with Boeing to buy up to 277 dreamliners. JetBlue warned it is seeing softer demand this month and expects Q4 revenue to come in at the low end of guidance. Other travel names like Airbnb, booking, Expedia also finishing in the red. So should investors brace for more turbulence in this travel trade?
Play episode from 26:38
Transcript
