|Bid||0.00 x 3000|
|Ask||0.00 x 3200|
|Day's Range||25.31 - 26.22|
|52 Week Range||17.51 - 62.48|
|Beta (5Y Monthly)||1.25|
|PE Ratio (TTM)||N/A|
|Earnings Date||Oct 08, 2020 - Oct 12, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 19, 2020|
|1y Target Est||35.47|
Moody's Investors Service, ("Moody's") has assigned a Aa2 to Los Angeles Department of Airports - Los Angeles International Airport Enterprise's (CA) (LAX) $578.1 million Senior Refunding Revenue Bonds, 2020 Series B (Private Activity/Non-AMT), $380.0 million Senior Revenue Bonds, 2020 Series C (Private Activity/AMT) and $120.0 million Senior Revenue Bonds, 2020 Series D (Governmental Purpose/Non-AMT). Moody's also affirmed Aa2 on $2.7 billion of outstanding parity senior lien debt and Aa3 on $4.4 billion of outstanding subordinate lien debt.
With demand looking weaker, investors want to see airlines cut costs dramatically. Carriers that do so may be rewarded with higher share prices.
Shares of airline stocks got a lift on Tuesday following the release of data from the Transportation Security Administration (TSA) showing a recent rebound in travel volumes. Discounter Spirit Airlines (NYSE: SAVE) led the way, up 8.9% as of 11:30 EDT, with shares of American Airlines Group (NASDAQ: AAL), United Airlines Holdings (NASDAQ: UAL), Delta Air Lines (NYSE: DAL), JetBlue Airways (NASDAQ: JBLU), and Southwest Airlines (NYSE: LUV) all solidly in the green.