Market Overview

American Airlines Reaches Higher Altitude On Tepper Stake, Lower Oil

Share:
Related
Warren Buffett May Simply Take Over This Airline Entirely
Turning Your Vacation Into A Stock Portfolio
Don't Do It, Buffett (GuruFocus)

Shares of American Airlines (NASDAQ: AAL) are continuing to fly higher Monday, as lower oil prices provide a backdrop to the continued rally.

This comes after last week's nearly 5.5 percent increase in the stock of American Airlines, following news of an increased stake by David Tepper's Appaloosa Management.

Shares of American Airlines are trading at $40.48, matching the highs of late July, and are up 60 percent year to date.

Posted-In: News Movers

 

Related Articles (AAL)

View Comments and Join the Discussion!