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Stock impact report

American Airlines Says No Thanks to United, Stock Plummets [Yahoo! Finance]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
American Airlines stock is sinking like a stone on Monday, down nearly 4.5% and counting after the company summarily dismissed United CEO Scott Kirby's merger trial balloon “American Airlines is not engaged with or interested in any discussions regarding a merger with United Airlines,” the company said on Monday. Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Kirby reportedly discussed the idea with President Trump as early as February. But even with an administration as merger-friendly as this one, Kirby's proposed tie-up would likely fail any semblance of antitrust review. United is the largest airline on the planet by revenue. If it folded in American it would immediately almost double Delta's revenue, the second largest airline), and be able to push competitors out of hubs and profitable routes, and set pricing that would quite obviously be bad for consumers but very go Show less Read more
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