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Shares of American Airlines Group Inc. (AAL) slid 2.93% to $16.26 Friday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.01% to 3,901.36 and the Dow Jones Industrial Average rising 0.03% to 31,261.90. This was the stock's third consecutive day of losses. American Airlines Group Inc. closed $9.78 short of its 52-week high ($26.04), which the company achieved on June 2nd.
The stock underperformed when compared to some of its competitors Friday, as Southwest Airlines Co. (LUV) fell 2.11% to $42.65, Delta Air Lines Inc. (DAL) fell 1.53% to $38.64, and United Airlines Holdings Inc. (UAL) fell 1.49% to $43.55. Trading volume (33.9 M) remained 5.0 million below its 50-day average volume of 38.9 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 20, 2022.
(END) Dow Jones Newswires
May 20, 2022 16:33 ET (20:33 GMT)
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