Stock Story -
What Happened?
Shares of global airline American Airlines (NASDAQ:AAL) jumped 5.2% in the morning session after Jefferies upgraded the stock's rating from Hold to Buy. The firm cited "a strong outlook for 2025 driven by strategic factors such as higher total revenue per available seat mile (TRASM) and a favorable industry backdrop."Is now the time to buy American Airlines? Find out by reading the original article on StockStory, it’s free.
What The Market Is Telling Us
American Airlines’s shares are quite volatile and have had 16 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.American Airlines is up 5% since the beginning of the year, and at $17.85 per share, has set a new 52-week high. Investors who bought $1,000 worth of American Airlines’s shares 5 years ago would now be looking at an investment worth $653.18.