Why American Airlines Stock Jumped 6% Today

Shares of American Airlines Group (NASDAQ: AAL) stock closed up 5.8% on Tuesday after an article in the Dallas Business Journal reported on the company's CEO making some uber-bullish comments about American Airlines' prospects.

Reporting on an investor presentation that American Airlines CEO Doug Parker gave last week, the Journal related the story of an email exchange between Parker and an analyst at investment bank UBS, in which Parker supposedly bet the analyst "a bottle of wine" that American Airlines stock would hit $60 a share before Nov. 25, 2018.

American Airlines' CEO's comments are giving its stock a lift. Image source: Getty Images.

Source: Fool.com