American Airlines (AAL) Plunges 32% in 3 Months: Buy the Dip?
AALAAG(AAL) ZACKS·2024-08-09 22:25

Shares of Fort Worth, TX-based airline heavyweight American Airlines (AAL) have not had a good time on the bourses of late, declining 31.7% over the past 90 days. The horrendous price performance resulted in AAL underperforming its industry’s 10.5% decline in the said time frame as well as the S&P 500, of which the airline is a key member. Additionally, AAL’s price performance compared unfavorably with that of fellow U.S. airline operators United Airlines (UAL) and Delta Air Lines (DAL) in the same timefram ...