Shares of American Airlines Group Inc.
slid 3.33% to $20.31 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index
rising 0.34% to 4,358.13 and the Dow Jones Industrial Average
rising 0.30% to 34,681.79. This was the stock’s third consecutive day of losses. American Airlines Group Inc. closed $5.78 below its 52-week high ($26.09), which the company achieved on March 18th.
The stock underperformed when compared to some of its competitors Wednesday, as Southwest Airlines Co.
fell 1.87% to $51.38, Delta Air Lines Inc.
fell 1.62% to $42.54, and United Airlines Holdings Inc.
fell 2.22% to $50.30. Trading volume (30.6 M) eclipsed its 50-day average volume of 29.5 M.