By Mark Emem
- Last month, Robinhood users bought airline stocks aggressively.
- Just weeks later, they’re fleeing the embattled sector – and often incurring heavy losses.
- Six U.S. airlines are expected to report ugly second-quarter earnings this week.
Millennials have fallen out of love with airline stocks. After retail investors piled into the sector in late May and early June, the tide suddenly turned. Share prices are falling, and Robinhood traders are rapidly jumping ship.