Airline ETF Takes Flight
March 08, 2011 at 17:00 PM EST
Guggenheim Airline (NYSEArca: FAA) exchange traded fund (ETF) soared more than 4% in trading today. In the last three months, the ETF has lost more than 12%. What’s causing the reversal in sentiment? For one, Americans are apparently traveling more. Southwest (NYSE: LUV) reported a 13% jump...