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Why Is American Airlines Stock Down 14%? A Failed Strategy In Focus
AALAAG(AAL) seekingalpha.com·2024-05-29 17:37

Laser1987/iStock Editorial via Getty Images At the time of writing, American Airlines Group Inc. (NASDAQ:AAL) stock is trading down 15% and the stock is now down nearly 20% since I reiterated my buy rating for American Airlines last week. Normally, I do not revisit a stock this quickly, but for American Airlines, there have been two key developments that are worth discussing. The company issued a downward revision for the second quarter and one of its key executives will be leaving the company. American Air ...