American Airlines Group Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of American Airlines Group Inc. (AAL) rose 1.07% to $18.97 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.21% to 4,183.96 and the Dow Jones Industrial Average rising 0.19% to 33,301.93. The stock's rise snapped a three-day losing streak. American Airlines Group Inc. closed $7.07 short of its 52-week high ($26.04), which the company reached on June 2nd.
The stock underperformed when compared to some of its competitors Wednesday, as Southwest Airlines Co. (LUV) rose 2.04% to $45.94, Delta Air Lines Inc. (DAL) rose 2.89% to $43.11, and United Airlines Holdings Inc. (UAL) rose 2.91% to $50.28. Trading volume (30.9 M) remained 14.9 million below its 50-day average volume of 45.8 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 27, 2022.
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April 27, 2022 16:33 ET (20:33 GMT)
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