Why Airline Stocks Are Trading Higher Today

• Stocks trading higher: American Airlines Group Inc. AAL, Delta Air Lines, Inc. DAL and United Airlines Holdings, Inc. UAL
• Reason: Report suggests U.S. senators show support for another round of payroll assistance.
• Get more breakout stocks based on trade signals. 

Shares of several airline companies such as American Airlines Group Inc. AAL, Delta Air Lines, Inc. DAL and United Airlines Holdings, Inc. UAL are trading higher following a report suggesting some senators are showing support for another round of payroll assistance.

According to a CNBC report, "Sixteen Republican senators on Wednesday backed $25 billion in additional federal aid to support airline industry jobs as a spike in coronavirus cases in the U.S. hurt a modest recovery in flight demand in recent weeks."

American Airlines' stock was trading up 11.40% at $12.78 per share on Wednesday at the time of publication. The company has a 52-week high of $31.67 and a 52-week low of $8.25.

Delta's stock was trading up 3.80% at $26.65. The company has a 52-week high of $62.48 and a 52-week low of $17.51.

United Airlines' stock was trading up 5.22% at $33.97. The company has a 52-week high of $95.16 and a 52-week low of $17.80.