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Why American Airlines Group, Inc. Stock Keeps Sinking


Why American Airlines Group, Inc. Stock Keeps Sinking

Last Thursday, American Airlines (NASDAQ: AAL) reported a third-quarter profit that was slightly higher than what analysts were expecting. The company's fourth-quarter margin forecast also came in ahead of analysts' expectations.

Nevertheless, American Airlines stock fell on the day of the earnings report, and it has continued sliding since then, falling well below its 52-week high. Here's why shares of the world's largest airline could continue to struggle.

AAL Chart

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Source: Fool.com

United Continental Holdings Stock

€111.50
-0.890%
United Continental Holdings shows a slight decrease today, losing -€1.000 (-0.890%) compared to yesterday.
The stock is an absolute favorite of our community with 54 Buy predictions and no Sell predictions.
As a result the target price of 118 € shows a slightly positive potential of 5.83% compared to the current price of 111.5 € for United Continental Holdings.
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