With Americans returning to the skies last weekend and the government helping airliners stay afloat amid the pandemic, things are looking up for airline stocks.
U.S. stock markets maintained rally on Thursday on expectations of the second round of coronavirus relief package from the government soon.
While traders continued to look at the sunny side of the street, ZNGA, ROKU and ETSY all topped expectations.
SmarTrend identified a Downtrend for American Airline (NASDAQ:AAL) on June 23rd, 2020 at $14.00. In approximately 1 month, American Airline has returned 15.86% as of today's recent price of $11.78.
Passenger revenue softness dents the Q2 results of the likes of Allegiant Travel (ALGT) and SkyWest (SKYW).
Is the ability to time the markets more of a data-driven science or a 'gut - feeling' art?
American Airline (NASDAQ:AAL) traded in a range yesterday that spanned from a low of $11.17 to a high of $11.88. Yesterday, the shares gained 5.1%, which took the trading range above the 3-day high of...
The impact of coronavirus on airlines' Q2 earnings was greater than that in Q1.
American Airline (NASDAQ:AAL) traded in a range yesterday that spanned from a low of $11.12 to a high of $11.39. Yesterday, the shares fell 1.9%, which took the trading range below the 3-day low of $11.18...
Due to coronavirus-induced tepid travel demand, the likes of American Airlines (AAL) and JetBlue (JBLU) fare miserably in Q2.
SmarTrend identified a Downtrend for American Airline (NASDAQ:AAL) on June 23rd, 2020 at $14.00. In approximately 1 month, American Airline has returned 18.64% as of today's recent price of $11.39.
Companies In The News Are: T, AAL, LUV, CTAS
The sharp drop in passenger revenues hurts American Airlines' (AAL) Q2 results.
Passenger revenue debacle affects the Q2 results of both United Airlines (UAL) and Spirit Airlines (SAVE).
American Airlines (AAL) delivered earnings and revenue surprises of -15.85% and 9.51%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
FORT WORTH, Texas (AP) _ American Airlines Group Inc. (AAL) on Thursday reported a second-quarter loss of $2.07 billion, after reporting a profit in the same period a year earlier.
American Airlines Group Inc. (NASDAQ: AAL) today reported its second-quarter 2020 financial results, including:
Softness in passenger revenues dents United Airlines' (UAL) Q2 results. Low fuel costs, however, offer some relief.
American Airlines (AAL) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
Diminished passenger revenues are likely to have dented the airlines' Q2 performance. However, low operating expenses might have provided a cushion.