US Travel Stocks Jump as New Vaccine Data Eases Omicron Fears

Traders work on the floor of the New York Stock Exchange (NYSE) in New York on Oct. 20, 2021. Brendan McDermid/Reuters

U.S. travel and leisure stocks surged on Wednesday after BioNtech SE and Pfizer Inc. said a three-shot course of their COVID-19 vaccine was able to neutralize the new Omicron variant.

Shares of U.S. airlines—including Delta Air Lines Inc., United Airlines Holdings Inc., American Airlines Group Inc., and Southwest Airlines Co.—rose between 0.95 percent and 2.26 percent in premarket trading.