American Airlines Group Inc. Stock Falls Tuesday, Underperforms Market
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Shares of American Airlines Group Inc. (AAL) shed 7.46% to $15.50 Tuesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.15% to 31,928.62 and the S&P 500 Index falling 0.81% to 3,941.48. American Airlines Group Inc. closed $10.54 below its 52-week high ($26.04), which the company achieved on June 2nd.
The stock underperformed when compared to some of its competitors Tuesday, as Southwest Airlines Co. (LUV) fell 3.80% to $41.73, Delta Air Lines Inc. (DAL) fell 5.82% to $37.22, and United Airlines Holdings Inc. (UAL) fell 7.13% to $41.57. Trading volume (38.3 M) eclipsed its 50-day average volume of 38.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 24, 2022.
(END) Dow Jones Newswires
May 24, 2022 16:33 ET (20:33 GMT)
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