Why American Airlines Group Inc. (AAL) Went Down On Thursday?

From Yahoo Finance: 2025-04-11 05:46:00

The stock market took a hit on Thursday with the Nasdaq dropping 4.31%, S&P 500 down 3.46%, and Dow Jones falling 2.50% after President Trump raised tariffs on Chinese goods to 145 percent. Ten companies, including American Airlines, saw heavy selling due to ongoing uncertainties.

American Airlines Group Inc. (AAL) fell by 14.48% on Thursday to $9.51 per share as investors engaged in profit-taking amid the escalating trade war. Concerns were raised after two AAL planes collided at Ronald Reagan Washington National Airport, impacting investor sentiment due to safety and operational concerns.

AAL ranks 4th on the list of stocks heavily sold down on Thursday. While AAL has potential, AI stocks are seen as offering greater returns in a shorter time frame. Investors are encouraged to explore AI stocks that could be more promising than AAL, trading at less than 5 times earnings for potential higher returns.

Investors are advised to consider AI stocks as an alternative to AAL, with potential for higher returns and shorter time frames. The market saw heavy selling on Thursday due to escalating trade tensions, with AAL falling by 14.48% and facing operational concerns after two plane collisions.

Read more: Why American Airlines Group Inc. (AAL) Went Down On Thursday?