American Airlines Drops 4% as the Airline Sector Hits an Air Pocket
American Airlines Group (NASDAQ:AAL) shares slipped 4% in Thursday trading, falling below $11 as a perfect storm of macro fears, surging oil prices, and company-specific news lands all at once. The broader airline sector is getting hit hard today, but American is absorbing the most punishment. The S&P 500 also headed lower as stagflation fears ... American Airlines Drops 4% as the Airline Sector Hits an Air Pocket
American Airlines Group (NASDAQ:AAL) shares slipped 4% in Thursday trading, falling below $11 as a perfect storm of macro fears, surging oil prices, and company-specific news lands all at once. The broader airline sector is getting hit hard today, but American is absorbing the most punishment. The S&P 500 also headed lower as stagflation fears ... American Airlines Drops 4% as the Airline Sector Hits an Air Pocket