AAL May 2024 12.500 call
| Previous Close | 0.9800 |
| Open | 0.1000 |
| Bid | 0.0100 |
| Ask | 0.0200 |
| Strike | 12.50 |
| Expire Date | 2024-05-31 |
| Day's Range | 0.0100 - 0.1500 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 76 |
- Yahoo Finance Video
Jefferies downgrades American Airlines, but upgrades United
Jefferies downgraded American Airlines (AAL) from a Buy to a Hold rating as the stock continues to take a hit due to the operator's full-year guidance cut and the announced departure of Chief Commercial Officer Vasu Raja. On the other hand, Jefferies analysts also upgraded United Airlines (UAL) to Buy from Hold on its international travel strengths. Yahoo Finance's Julie Hyman and Josh Lipton examine Jefferies' latest calls on the two major airline operators. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
- Yahoo Finance Video
'Too much capacity' fueled American Airlines' Q2 guidance cut: Analyst
American Airlines (AAL) has slashed its second quarter guidance and announced the departure of its chief commercial officer, Vasu Raja. This double whammy has raised concerns among analysts and investors. Raymond James Managing Director Savi Syth joins Catalysts to share her outlook on the company's path forward. Syth notes her surprise at "the level of the guidance cut" but acknowledges that the factors propelling the decision are not entirely unexpected. She cites "too much capacity" within the industry as a contributing factor and critiques the execution of certain decisions on the corporate sales front, deeming them "probably not wise." Turning her attention to the departure of American Airlines' Chief Commercial Officer, Syth says, "I think they're still in the early stages of evaluating it." She raises concerns about the company's decision to implement various strategic changes simultaneously, describing the approach as "not smart." For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Yahoo Finance Video
American Airlines stock tumbles after cutting Q2 guidance
Shares of American Airlines (AAL) are sinking after the company cut its second quarter sales outlook. Yahoo Finance's Pras Subramanian reports more on the story and breaks down what it could indicate about the airline sector as a whole. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
