American Airlines Group Inc. Stock Falls Wednesday, Still Outperforms Market
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Shares of American Airlines Group Inc. (AAL) shed 1.79% to $18.68 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.94% to 4,700.58 and Dow Jones Industrial Average falling 1.07% to 36,407.11. The stock's fall snapped a two-day winning streak. American Airlines Group Inc. closed $7.41 below its 52-week high ($26.09), which the company reached on March 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Southwest Airlines Co. (LUV) fell 1.50% to $43.99, Delta Air Lines Inc. (DAL) fell 0.76% to $40.28, and United Airlines Holdings Inc. (UAL) fell 1.02% to $45.78. Trading volume (34.2 M) remained 1.6 million below its 50-day average volume of 35.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 5, 2022.
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January 05, 2022 16:33 ET (21:33 GMT)
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