Alert: Major Price Decline (5/29/24)-American Airlines Group Inc (NASDAQ: AAL).

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American Airlines Group Inc (NASDAQ: AAL) stock suffered a major decline of -13.5% on 5/29/24. The shares closed at $11.62. Moreover, this decline was accompanied by exceptionally high trading volume at 488% of normal. Relative to the market the stock has been strong over the last nine months but has declined -20.0% during the last week.

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Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, AAL is expected to be an important Value Eraser.

American Airlines Group is currently unrated.

Rating Review

The stock is currently unrated.

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