Air Canada Stock Sticks Close to 52-Week High; Middle East Tensions Resurface
Air Canada surged 4.6% to C$24.20, just one cent below its 52-week high, as lower oil prices fueled a rally despite the company’s withdrawn 2026 outlook due to volatile fuel costs; with U.S. airline peers idle for Juneteenth and analyst price targets lagging, investors face heightened risk if Middle East tensions push jet fuel higher.