Ben Baldanza

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Last quote by Ben Baldanza

There's not a major effect [on stocks] but it certainly [impacts them] some way. Airlines hope to get their operations starting again, but they never get all their revenue back. When the price of oil goes down, [airline stock] prices tend to come down. The industry is more stable with higher oil prices, as odd as that sounds.
Mar 14 2017 Oil
Ben Baldanza has most recently been quoted in an article called Northeast hit with snow, and transportation stocks trade lower. Ben Baldanza said, “There's not a major effect [on stocks] but it certainly [impacts them] some way. Airlines hope to get their operations starting again, but they never get all their revenue back. When the price of oil goes down, [airline stock] prices tend to come down. The industry is more stable with higher oil prices, as odd as that sounds.”.
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