Why Shares of LATAM Airlines Are Up Today

Why Shares of LATAM Airlines Are Up Today

Shares of LATAM Airlines Group (NYSE: LTM) soared 22% on Friday morning, before falling back somewhat, on encouraging news about a potential post-COVID-19 travel recovery. LATAM in particular has been hard hit, with the airline filing for bankruptcy protection late last month. If so, that certainly would be good news for the sector in general and for LATAM, too.