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Shares of American Airlines Group Inc. (AAL) slipped 3.62% to $15.97 Wednesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.65% to 3,935.18 and Dow Jones Industrial Average falling 1.02% to 31,834.11. American Airlines Group Inc. closed $10.07 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) fell 3.54% to $43.01, Delta Air Lines Inc. (DAL) fell 2.04% to $37.89, and United Airlines Holdings Inc. (UAL) fell 2.13% to $43.18. Trading volume (34.7 M) remained 9.5 million below its 50-day average volume of 44.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 11, 2022.
(END) Dow Jones Newswires
May 11, 2022 16:33 ET (20:33 GMT)
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