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0.000551419906258506 0.00110283981251721 0.00330851943755162 0.000827129859387955 -0.00317617866004967 -0.00661703887510345 -0.00854700854700861 -0.00854700854700861
Stock impact report

Why American Airlines Group Inc. Stock Was Heading South Today [The Motley Fool]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: The Motley Fool
Shares of the major airline were sliding as it cut guidance for a key revenue figure. Jeremy Bowman ( TMFHobo ) Jul 11, 2018 at 1:47PM What happened Shares of  American Airlines Group Inc.  ( NASDAQ:AAL ) were losing altitude today after the company cut its forecast for a key industry metric, saying in a filing that it expected total revenue per average seat mile, or TRASM, to increase just 1% to 3% in the current quarter, compared to previous guidance of 1.5% to 3.5%. As a result, the stock was down 6.5% as of 12:25 p.m. EDT. Image source: American Airlines. So what  In the highly competitive airline industry, TRASM is a key performance indicator, and management said that increasing competition in the domestic market had caused prices to come down. The news was also concerning since rising fuel prices are likely to squeeze profits as the Show less Read more
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