U.S. travel stocks took an initial hit on Dec 27, but recovered most of the losses on Dec. 28, amid a surge in Omicron cases that is affecting the airline, casino, and cruise industries.
A spike in Omicron cases, staff shortages at airlines, and weather-related problems forced the latest round of massive flight cancellations, leaving travelers stranded across the country during the holiday travel season, which lasts from Dec. 23 to Jan. 2.
