American Airlines Group Inc. Stock Falls Thursday, Underperforms Market
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Shares of American Airlines Group Inc. (AAL) slipped 3.01% to $15.49 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.13% to 3,930.08 and Dow Jones Industrial Average falling 0.33% to 31,730.30. This was the stock's second consecutive day of losses. American Airlines Group Inc. closed $10.55 below 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 Thursday, as Southwest Airlines Co. (LUV) fell 1.58% to $42.33, Delta Air Lines Inc. (DAL) fell 3.22% to $36.67, and United Airlines Holdings Inc. (UAL) fell 3.89% to $41.50. Trading volume (39.7 M) remained 4.3 million below its 50-day average volume of 43.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2022.
(END) Dow Jones Newswires
May 12, 2022 16:33 ET (20:33 GMT)
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