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Author Message   Entrepreneur Kurra Bewarse Username: Entrepreneur Post Number: 3790 Registered: 05-2011 Rating: N/A Votes: 0 Posted on Monday, December 06, 2021 - 2:31 pm:    Airline stocks take flight on reduced Omicron variant fears (21.60 +1.48) Travel stocks are among the best-performing stocks today following press reports that highlighted early findings from small studies that suggest the Omicron variant might be easily transmissible, but not particularly virulent. Airline stocks, which have been hit hard over the last month or so, first contending with elevated fuel costs and then with travel restrictions related to Omicron concerns, are staging a big rebound today. Entering today, the U.S. Global Jets ETF was trading 12.6% below its 50-day moving average (23.03). It is up strongly today, making headway on filling the gap down it suffered on Black Friday. Carriers with more international exposure are showing some of the biggest gains.