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Airlines and cruise stocks fell, with Boeing (BA.US) down over 2.5%

Market IntelMonday, Sep 30, 2024 12:00 pm ET
1min read

On Monday, airline and cruise stocks fell. As of the time of writing, Southwest Airlines (LUV.US) was down 0.15%, United Airlines (UAL.US) was down 0.71%, Delta Air Lines (DAL.US) was down more than 1.4%, American Airlines (AAL.US) was down 1.6%, Royal Caribbean Cruises (RCL.US) and Norwegian Cruise (NCLH.US) were down more than 2%, Boeing (BA.US) was down more than 2.5%, and Carnival Cruises (CCL.US) was down more than 3%.

On the news front, IAM District 751, which represents about 33,000 Boeing workers in Washington state, announced on September 27 that it had a mediation meeting with Boeing that day but failed to make progress on the pension issue. The union said that no further negotiation dates have been scheduled, and the union remains willing to negotiate directly or through mediation with the company.

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.