RTTNews | Dec 21, 2021 12:44PM EST

12:44 Tuesday, December 21, 2021 (RTTNews.com) - Brazilian planemaker Azul S.A. (AZUL) is trading 7% higher on the Tuesday market despite the company not reporting any stock-specific news to boost the stock.

The company has suffered major setbacks since the pandemic has failed to turn its fortunes back as of yet. Earlier in December, the company reported its year-long low. While the stock has recovered since but the price of shares is still 40% lower than the same period last year.

The stock is currently trading at $13.87, up $1.00 or 7.77% since the previous close at $12.87. The stock opened at $12.85. The stock has ranged between $11.46 and $29.45 in the 52-week period.

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