AAL Jun 2024 14.000 call
- Reuters
American Airlines shares sink after Q2 profit forecast cut, drags other airlines
American Airlines shares were down nearly 8% in premarket trading on Wednesday, dragging peers Delta Air, Southwest Airlines and United Airlines, which all fell between 1.5% and 2.5%. The Fort Worth, Texas-based company revised its forecast on Tuesday and now expects second-quarter adjusted earnings in the range of $1.00 to $1.15 per share, compared to previous expectations of $1.15 to $1.45 per share.
- Investor's Business Daily
American Airlines Slashes Outlook; Shares Tumble
American Airlines cut its second-quarter outlook and said its chief commercial officer will leave. AAL stock tumbled, while rivals fell.
- Barrons.com
These Stocks Are Moving the Most Today: American Airlines, Marathon Oil, Robinhood, Nvidia, Cava, and More
American Airlines slashes its guidance for the current second quarter, a report says ConocoPhillips is in advanced talks to buy Marathon Oil, and Robinhood’s board approves a $1 billion stock repurchase program.
