American Airlines Group Inc. Stock Falls Monday, Underperforms Market
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Shares of American Airlines Group Inc. (AAL) slid 8.52% to $16.32 Monday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 3.20% to 3,991.24 and Dow Jones Industrial Average falling 1.99% to 32,245.70. This was the stock's third consecutive day of losses. American Airlines Group Inc. closed $9.72 short of its 52-week high ($26.04), which the company reached on June 2nd.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Southwest Airlines Co. (LUV) fell 4.97% to $43.83, Delta Air Lines Inc. (DAL) fell 6.71% to $38.25, and United Airlines Holdings Inc. (UAL) fell 8.86% to $43.31. Trading volume (37.7 M) remained 6.9 million below its 50-day average volume of 44.7 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 9, 2022.
(END) Dow Jones Newswires
May 09, 2022 16:33 ET (20:33 GMT)
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