Why American Airlines Shares Are Surging On Friday - American Airlines Group (NASDAQ:AAL)
• American Airlines Group shares are powering higher. What’s fueling AAL momentum?Recent Performance ChallengesDespite Friday’s rally, American Airlines has struggled over the past year, posting a 12-month decline of 11.02%. The stock is now trading closer to its 52-week high of $17.40 than its low of $8.50, indicating some recovery from earlier weakness.The carrier recently reported a fourth-quarter earnings miss on Jan. 27, with adjusted earnings of 16 cents per share falling short of the 30-cent consens ...