American Airlines Stock Jumps 16% as Management Finally Shares Some Good News
June has been an extremely volatile period for American Airlines (NASDAQ: AAL) stock. Shares of the U.S. airline giant soared in the first week of the month, including a bizarre 41% surge on June 4. The stock then gave up some of its gains over the past week, plummeting 29% over a three-day period from Tuesday to Thursday.
American Airlines stock was on the move again on Friday, following a bullish investor update. The shares rallied 16% to end the week at $16.74.
Source Fool.com