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Airline Stocks Lose Altitude

Source: http://Blog.QualityStocks.net
Posted on Wednesday, September 10th, 2008 | In Small & Micro Cap
Contributed by: QualityStocks (http://QualityStocks.net) -

Despite a decrease in oil prices, Airline stocks fell today behind an Energy Department Report showing a greater-than-average drop in crude inventories. Analyst predictions had inventories falling by just under four million barrels. Instead, the Energy Information Administration reported crude inventories down by 5.9 million barrels. American, United, and US Air were among the stocks declining the furthest.

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