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Threat to Air Travel Is About to Hand $3.6 Billion ETF a Bad Day view | edit | list | share
Contributor's comments: Bloomberg Reports: Resurgent virus fears and likely new lockdowns in Europe are lashing the world’s biggest ETF tied to international travel.
The $3.6 billion US Global Jets exchange-traded fund (ticker JETS) plunged 6.7% in early trading as of 8:15 a.m. in New York, set for the biggest decline since June last year.