American Airlines stock dropped 6% due to weaker-than-expected domestic travel last quarter. CEO Robert Isom cited July’s challenges, with domestic revenue declining 6% compared to last year. The company anticipates a better performance going forward and projects a loss per share for the current quarter. Southwest also saw a 10% stock decline after revising profit outlook downward. CFO Tom Doxey noted a quick decline in demand but sees stabilization and potential growth in the second half of the year.

Read more at Yahoo Finance: American Airlines stock tumbles as carrier cites ‘tough’ July for domestic travel