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Shares of American Airlines Group Inc. (AAL) shed 5.50% to $18.54 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 3.56% to 4,146.87 and Dow Jones Industrial Average falling 3.12% to 32,997.97. The stock's fall snapped a two-day winning streak. American Airlines Group Inc. closed $7.50 below its 52-week high ($26.04), which the company achieved on June 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Southwest Airlines Co. (LUV) fell 2.23% to $47.00, Delta Air Lines Inc. (DAL) fell 3.92% to $42.13, and United Airlines Holdings Inc. (UAL) fell 5.78% to $48.90. Trading volume (31.9 M) remained 13.3 million below its 50-day average volume of 45.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 2022.
(END) Dow Jones Newswires
May 05, 2022 16:33 ET (20:33 GMT)
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