Business

Hedge Fund Shifts Focus Amid Airline Industry Struggles

Updated 2026-05-15 22:00 UTC 1 source Negative

Appaloosa hedge fund sold its positions in the 'big three' airline stocks, Delta, American, and United, while increasing holdings in Amazon and Uber. The move reflects broader challenges faced by the aviation industry due to soaring fuel costs.

Coverage timeline — 1 article
MarketWatch
Appaloosa sold off its entire positions in Delta, American and United, while loading up on shares of Amazon and Uber.
2026-05-15 21:48 UTC
Share: Twitter / X LinkedIn