Here's How Much Investing $100 In The 2013 America Airlines IPO Would Be Worth Today

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 SPY total return for the decade was 250.5%. But there’s no question some big-name stocks did much better than others along the way.

American’s Big Decade

One disastrous investment of the last decade was U.S. airline American Airlines Group Inc AAL.

American Airlines kicked off the 2010s with news of its parent company AMR declaring bankruptcy on Nov. 29, 2011. With its stock trading under $1 per share, American was delisted from the NYSE in January 2012. So $100 of American Airlines stock purchased in 2010 would be worth $0 today.

However, after merging with the former U.S. Airways, American emerged from bankruptcy and held an IPO in 2013, selling shares of the new stock for $25.

New American shares made it above $50 for the first time in early 2015 and climbed as high as $56.20 before losing altitude once again. American dropped back to $24.85 by mid-2016 before the stock got a major lift from a big-name investor.

In late 2016, Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) took a new stake in American, sending the stock to its highest point of the decade shortly thereafter.

See Also: Here's How Much Investing $100 In Boeing Stock Back In 2010 Would Be Worth Today

2020 And Beyond

American reached its decade high of $59.08 in early 2018.

Unfortunately, the stock has taken a nosedive thanks to COVID-19, dropping to a new all-time low of $9.09 before bouncing back to around $12.

Given the recent sell-off, $100 worth of American IPO stock in 2013 would be worth about $47 today.

Looking ahead, analysts are optimistic American can regain its footing in 2020. The average price target among the 16 analysts covering the stock is $13, suggesting 11% upside from current levels.