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Why American Airlines Stock Surged 5% Today


Why American Airlines Stock Surged 5% Today

Repeating its feat of last week, American Airlines Group (NASDAQ: AAL) stock jumped 5.1% in early trading Tuesday after the company filed an 8-K report with the SEC detailing its operating performance for Q3.

Despite having to cancel "approximately 8,000" flights due to the arrival of Hurricanes Harvey, Irma, and Maria in the quarter, American Airlines says that its total revenue per available seat mile (TRASM) for the quarter will probably be up "approximately 0.5 to 1.5 percent" in comparison to Q3 2016.

Shares are still up 4.9% as of 11:15 a.m. EDT.

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Source: Fool.com

American Airlines Group Inc. Stock

€12.30
-1.300%
We can see a decrease in the price for American Airlines Group Inc.. Compared to yesterday it has lost -€0.162 (-1.300%).
With 27 Buy predictions and 2 Sell predictions American Airlines Group Inc. is one of the favorites of our community.
As a result the target price of 15 € shows a positive potential of 21.99% compared to the current price of 12.3 € for American Airlines Group Inc..
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