🔴 SkyWest is trading 4.5% down today after Goldman Sachs downgrade and sector-wide weakness

SkyWest is trading at $95.77 (4.5% down) following a rating downgrade from Goldman Sachs and broader pressure on airline stocks.

• Goldman Sachs lowered its rating to Neutral from Buy and reduced its price target, citing concerns over slower aircraft utilization and softer block-hour growth.
• The broader airline sector is also under pressure following disappointing guidance from United Airlines, which has negatively impacted sentiment across the industry.