American Airlines Stock Down 8% As Weak Domestic Demand Dims Outlook
30 Articles
30 Articles
Stock Market Today: American Airlines Drops 9.6% After Weak Q3 Guidance @themotleyfool #stocks $AAL
American Airlines Group Inc. (NASDAQ: AAL) plummeted 9.62% to close at $11.46 on Thursday, as management's cautious Q3 outlook overshadowed the carrier's robust second-quarter performance. American's steep decline occurred against modest gains in broader markets, with the S&P 500 rising 0.07% and the Nasdaq Composite advancing 0.18%, underscoring that industry-specific worries rather than systemic pressures drove the sell-off. Airline peers also…

American Airlines shares fall on weak forecast
American Airlines shares tumbled Thursday as the carrier projected a third-quarter loss due to lingering weakness in the US leisure market.
American Airlines anticipates a greater loss than expected for the third quarter due to a weak demand for domestic travel. According to the original report, this trend concerns the airline that has focused its focus on the U.S. domestic market. In pre-market operations, American Airlines shares fell by almost 3%, reflecting concerns among investors. Most U.S. airlines withdrew their financial forecasts in April due to uncertainty caused by Presi…
Roundup: American Airlines / Manufactured goods / Research cuts
Short of expectations: American Airlines shares slumped close to 10% Thursday after the carrier’s third-quarter profit forecast fell short of Wall Street’s expectations and the airline reinstated its 2025 financial forecast well below its outlook at the start of the year. CEO Robert Isom says the results are driven by consumer weakness, flat corporate travel demand that continued into the start of the summer and operational problems from a serie…
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