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UAL Aug 2024 60.000 put
| Previous close | 9.25 |
| Open | 9.25 |
| Bid | 9.20 |
| Ask | 9.35 |
| Strike | 60.00 |
| Expiry date | 2024-08-16 |
| Day's range | 9.25 - 9.25 |
| Contract range | N/A |
| Volume | |
| Open interest | 63 |
Barrons.comAmerican Airlines Stock Dives After Guidance Cut. The Sector Is Being Unduly Punished.
More than 2.95 million people were screened at airports across the country Friday, according to Transportation Security Administration data. Despite booming travel demand, American said late Tuesday it now expects adjusted earnings of between $1 and $1.15 per share in the second quarter, down from its previous range of $1.15 to $1.45. American Airlines stock was the worst performer in the in early trading, tumbling 14.2% to $11.50—on pace for its largest daily drop since June 2020.
Investor's Business DailyAmerican 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.
ReutersAmerican Airlines CEO vows a reset as downbeat outlook sinks shares
(Reuters) -American Airlines CEO Robert Isom on Wednesday promised a reset of the carrier's sales and distribution strategy after the carrier cut its earnings forecast for the current quarter despite robust demand for travel. Isom blamed the changes to the airline's sales strategy for softer customer bookings, adding American was evaluating its strategy "holistically and piece by piece." On Tuesday, the company announced the departure of chief commercial officer Vasu Raja who was spearheading the new sales and distribution strategy.
