Both are still up smartly on the week – SAS stock has gained 14% and Norwegian Air Shuttle stock 45% - but the sharp moves downward underline how the stocks have essentially become a plaything for thrill-seekers rather than a secure long-term investment."
Quite a few weeklies are onto the same thing saying there is a disconnect between the pricing of shares and whats going on. Good example i saw is 40 million in the US are unemployed plus another 2 million on some kind of support (¼ of the workforce) after the lockdown but the Nasdaq is up 5% for the year.