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American Airlines Stock Lower After Grounding Flights
AALAAG(AAL) Schaeffers Investment Research·2024-12-24 15:19

American Airlines Group Inc (NASDAQ:AAL) stock is down 1.4% to trade at 17.01atlastcheck,after thecompany groundedflightsacrossthenationduetoatechnicalissue.Operationshavealreadyresumed,though.AALsportsa25.517.01 at last check, after the company grounded flights across the nation due to a technical issue. Operations have already resumed, though.AAL sports a 25.5% year-to-date lead, and is fresh off a Dec. 10, 52-week high of 17.96. The $16 region contained the equity's pullback from that peak, with the ascending 20-day moving average also providing support.Analysts are already pessimistic, with 12 of the 20 firms in coverage calling it a ...