American Airlines (AAL) shares rallied 16.8% in the last trading session to close at $17.38. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock’s 6.3% gain over the past four weeks.
The uptick was owing to the fact that AAL lifted its fourth-quarter 2024 adjusted earnings per share guidance. The projection was lifted owing to favorable pricing and revenue environment. It expects fourth-quarter…
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