American Airlines Stock Faces Bearish Death Cross: More Downside Ahead?
AALAAG(AAL) Benzinga·2024-06-18 02:24

Loading...Loading...American Airlines Group Inc. (NASDAQ) has been in a downward spiral, with its stock plummeting 32.22% over the past year and 18.16% year-to-date. The recent departure of Chief Commercial Officer Vasu Raja and a downward revision of second-quarter earnings have further dampened investor sentiment, culminating in a bearish Death Cross signal that indicates potential for more downside ahead.Chart: Benzinga ProBearish Fundamentals Weighing On American AirlinesAmerican Airlines has revised it ...