Oil just broke through the $100 mark again and the airlines stocks are getting hammered. Wizz Air and easyJet took the biggest hits today with drops of 7.2% and 4.2 after Bernstein downgraded them before market open. Even the bigger carriers are struggling - Lufthansa down 3.9%, Air France-KLM off 3.2%, and IAG down 2.5%. Jet2 also slipped 2.6%. The fuel cost pressure is real for these airlines stocks right now. When oil spikes like this, the margin squeeze hits the budget carriers hardest, which is probably why the analysts are getting bearish. Worth watching if energy prices keep climbing.

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