Airline ETF Hits the Brakes on Growing Coronavirus Concerns
June 26, 2020 at 16:12 PM EDT
An airline sector-specific exchange traded fund is flying into some turbulence as ongoing coronavirus concerns weigh on the travel outlook. The U.S. Global Jets ETF (NYSEArca: JETS), the lone ETF dedicated to airline stocks, dipped 3.5% on Friday and was 8.1% lower over the past week. A number of...