The owners of Aer Lingus as well as Ryanair saw their share prices rise significantly following the announcement of a potential COVID-19 vaccine.
Pfizer revealed yesterday that it's vaccine with German company Bio-N-Tech was 90% effective.
It saw a lot of positive sentiment on the worldwide markets as a result, however there were drops in share prices for the likes of Netflix.
Alan Breen from Cantor Fitzgerald says the bounce does come with warnings.
"There was a lot of positive sentiment around this better than expected result.
"But analysts do not that the study has not been peer reviewed, and distribution down the line will undoubtedly be a challenge going forward.
"But absolutely it has given much relief to those sectors most exposed to the downside in this horrific event."
