Travel and leisure stocks jump on debt deal hopes [Seeking Alpha]
Mesa Air Group, Inc. (MESA)
Last mesa air group, inc. earnings: 2/10 04:02 pm
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Source: Seeking Alpha
Travel and leisure stocks jump on debt deal hopesMay 17, 2023 1:56 PM ETU.S. Global Jets ETF (JETS)EXPELVSWYNNRCLPENNCCLMODGSIXHAMLCODALESCASABRSEASNCLHLINDDESPMESAMSCBALYULCCBy:Clark SchultzSA Editor4045/iStock via Getty ImagesLeisure-related stocks broke dramatically higher in Wednesday afternoon trading amid general investor confidence that a debt deal can be worked out before a default scenario. The White House confirmed a report that Biden would cut short his planned trip to Australiaand Papua New Guinea and will return to the U.S. on Sunday to oversee more congressional meetings in order to avoid the so-called X-date of June 1. discretionary stocks outpaced the broad market with more data reads coming in showing leisure and travel spending trends are holding up. That follows on generally favorable comments on earnings calls on travel and leisure demand.Airline stocks soared with Mesa Air Group (+11.48%+6.25%+6.20%ALGT+6.09%+6.01%Cruise line stocks Carnival (+7.55%+6.54%+4.44%5.
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MESA
Earnings
- 8/9/23 - Miss
MESA
Sec Filings
- 2/27/24 - Form 10-K/A
- 2/26/24 - Form 4
- 2/26/24 - Form 4
- MESA's page on the SEC website