Airline

Airline ETF suffers as oil increases

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Airline ETF suffers as oil increases

The Guggenheim Airline ETF (FAA) was pushed to a nearly 6.2% loss on the day yesterday. The product was led lower by its heavy holdings in Delta which comprises 17.2% of the fund, United Continental at 16.6% and Southwest Airlines at 14.2%. Delta fell by 7.5% while United fell by 9.0% and Southwest...

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