American Airlines Group Inc. (NASDAQ:AAL) saw a 12.72% surge in its stock price, breaking a three-day losing streak, ahead of the release of its second quarter results. The company will announce its financial and operating performance on July 24 at 7:30 AM Central Time. Despite widening its net loss by 52% in the first quarter to $473 million, American Airlines remains optimistic as the travel sector outlook improves. The stock rallied alongside its peers after Delta Airlines’ impressive earnings, sparking sector-wide optimism. Investors are repositioning portfolios in anticipation of strong results.

Read more at Yahoo Finance: American Airlines (AAL) Snaps Losses, Jumps 13% on Upbeat Travel Sector Outlook