Logo https://inc.skywest.com/The shares of SkyWest (NASDAQ: SKYW) continue to trade 25% below pre-Covid levels despite a substantial improvement in air travel demand. Given the recovering travel demand, Trefis believes that SkyWest stock has substantial room for growth. We compare SkyWest’s stock performance during the current crisis with that during the 2008 recession. 2020 Coronavirus CrisisTimeline of 2020 Crisis So Far:12/12/2019: Coronavirus cases first reported in China1/31/2020: WHO declares a global health emergency. In comparison, the S&P 500 Index first fell 51% in the wake of the recession before recovering 48% by January 2010.
Source: Forbes July 08, 2021 21:33 UTC