: Airline stocks pull back after big rallies in June, after TSA data showing more travelers on June 30 than any day in 2019

Shares of air carriers fell to start July, after seeing big gains in June, even after data showing that there were more fliers to start the July 4 weekend than in any day in pre-pandemic 2019. Data from Transportation Security Administration showed that 2,884,683 people went through TSA checkpoints on June 30, which topped the highest one-day total in 2019 of 2,882,915 on Nov. 27. Delta Air Lines Inc.’s stock DAL slipped 0.3% in premarket trading Monday, after it bested it’s rivals with a June gain of 30.9%, the best one-month gain since it ran up 31.4% in November 2020. Shares of American Airlines Group Inc. AAL eased 0.5% ahead of Monday’s open after climbing 21.4% in June, and United Airlines Holdings Inc. shares UAL gave up 0.7% premarket after ascending 15.6% in June. JetBlue Airways Corp.’s stock JBLU gave up 0.5%, after hiking up 29.7% in June to produce its biggest monthly gain since it soared 35.1% in April 2009. Southwest Airlines Co. shares LUV, which rose 21.2% in June, the best monthly performance since the 32.3% rally in February 2021, inched 0.1% lower in Monday’s premarket. Meanwhile, futures ES00 for the S&P 500 SPX eased 0.1%, after the index gained 6.5% in June.

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