Airline Stocks Fall Over Record Oil

As crude oil prices surged to record levels, airline stocks tumbled. Shares of AMR Corp. (AMR) dropped $2.24 to close at $24.99 while JetBlue Airways Group (JBLU) stock lost $1.23 to close at $10.72. The stock price of Continental Airlines Inc. (CAL) fell $2.32 to close at $29.13.