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Shares of American Airlines Group Inc. (AAL) slipped 5.22% to $16.89 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 4.04% to 3,923.68 and Dow Jones Industrial Average falling 3.57% to 31,490.07. American Airlines Group Inc. closed $9.15 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 1.95% to $44.23, Delta Air Lines Inc. (DAL) fell 3.46% to $39.31, and United Airlines Holdings Inc. (UAL) fell 4.98% to $44.63. Trading volume (29.3 M) remained 12.0 million below its 50-day average volume of 41.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 18, 2022.
(END) Dow Jones Newswires
May 18, 2022 16:33 ET (20:33 GMT)
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