29 05, 2024

American Airlines Profits Fall Lower and Lower, and the Stock is Following Suit: Time to Sell AAL?

By |2024-05-29T17:10:16+00:00May 29th, 2024|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , , |

Late yesterday afternoon American Airlines Group Inc. (AAL) updated its profit outlook for the current quarter, sending shares plummeting. The stock is down 19% in the past week now, and it may be time to sell if you’re holding AAL. The real concern here is that this is supposed to be the airliner’s best [...]

13 04, 2023

American Airlines Latest Forecast Points to Trouble Ahead. Here are 3 Things to Consider…

By |2023-12-07T20:57:48+00:00April 13th, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , |

The airline industry as a whole has been struggling as of late, and American Airlines (AAL) is the latest company to fall victim to a lackluster forecast. Yesterday, the airline company released its first-quarter profit forecast that left analysts and the market as a whole underwhelmed. The carrier reset expectations for profit, with most [...]

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