Dossier
Appaloosa
Coverage of Appaloosa in the Nexus archive.
- This hedge fund just dumped the ‘big three’ airline stocks, as the industry faces soaring fuel costs
Appaloosa sold its positions in Delta, American, and United airlines due to soaring fuel costs, and invested in Amazon and Uber instead. This move indicates a shift in investment strategy amidst industry challenges. The hedge fund's decision may impact the airline industry.