Shares of several airline companies including Delta Air Lines, Inc. DAL, United Airlines Holdings, Inc. UAL and American Airlines Group Inc. AAL are trading lower amid a drop in Labor Day airline bookings due to COVID-19 concerns.
According to a Bloomberg report, spending for the Labor Day holiday was down 16% from 2019 as of Aug. 21, while bookings were off 15%.
Delta Air Lines' stock was trading about 3.5% lower at $40.04 per share on Monday at the time of publication. The stock has a 52-week high of $52.28 and a 52-week low of $27.92.
United Airlines' stock was trading about 3.7% lower at $45.94 per share. The stock has a 52-week high of $63.70 and a 52-week low of $31.22.
American Airlines' stock was trading about 3.5% lower at $19.53 per share. The stock has a 52-week high of $26.09 and a 52-week low of $10.63.
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