Streaming video, online retailers escape pandemic pounding [Toronto Globe and Mail (Ontario, Canada)]
American Airlines Group, Inc. (AAL)
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Source: Toronto Globe and Mail
Streaming video, online retailers escape pandemic pounding COVID-19 may have knocked U.S. stocks into a bear market and pummeled the U.S. economy, but the disease has also left some companies asking the question: “What recession?” Streaming media services, video game makers, and consumer staples companies have all gained ground as people stay home, try to stay entertained and focus on essentials. Netflix, already the top streaming entertainment service, has benefited from a mostly captive audience and its shares are up about 30% in 2020. Amazon.com has seen consumers flock to its site for their purchases. The retail giant has been furiously hiring workers to meet demand, bucking the national trend of mass layoffs. It’s shares are up more than 27% for the year. “The outperformance of those names has been nothing but extraordinary,” said Julian Emanuel, chief equity and derivatives strategist at BTIG. “We have no doubt they will gain in importance as mainstays of life.” The gains are i
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AAL
Earnings
- 10/24/24 - Beat
AAL
Sec Filings
- 1/10/25 - Form 8-K
- 12/30/24 - Form 4
- 12/27/24 - Form 144
- AAL's page on the SEC website