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Stock impact report

Stock Market Today, March 2: American Airlines Drops as Oil Prices Surge on Middle East Tensions [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 Group (NASDAQ:AAL) , provider of scheduled air transportation services for both passengers and cargo, closed at $12.52, down 4.21%. Shares declined as Middle East-related flight disruptions and a sharp rise in oil prices pressured airline stocks. Investors are also watching the impact of sustained fuel cost inflation and demand weakness on future quarters. Trading volume reached 86.7 million shares, coming in about 52% above its three-month average of 56.9 million shares. American Airlines Group IPO'd in 2005 and has fallen 35% since going public. How the markets moved today S&P 500 (SNPINDEX:^GSPC) inched up 0.04% to 6,882, while the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 0.36% to finish at 22,749. Among airlines, industry peers Delta Air Lines (NYSE:DAL) closed at $64.25 (-2.21%) and United Airlines (NASDAQ:UAL) finished at $103.21 (-2.91%) as travel names also reacted to geopolitical tensions and fuel-cost worries. What this means for investors Air Show less Read more
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