American Airlines Group Inc. Stock Falls Wednesday, Underperforms Market
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Shares of American Airlines Group Inc. (AAL) slipped 2.73% to $18.50 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.28% to 4,726.35 and the Dow Jones Industrial Average rising 0.11% to 36,290.32. American Airlines Group Inc. closed $7.59 short of its 52-week high ($26.09), which the company achieved on March 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Southwest Airlines Co. (LUV) fell 1.35% to $45.21, Delta Air Lines Inc. (DAL) fell 1.50% to $40.61, and United Airlines Holdings Inc. (UAL) fell 0.77% to $46.54. Trading volume (40.9 M) eclipsed its 50-day average volume of 36.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 12, 2022.
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(END) Dow Jones Newswires
January 12, 2022 16:32 ET (21:32 GMT)
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