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Why Shares of American Airlines Lost Altitude in July

TheMotleyFool

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Why Shares of American Airlines Lost Altitude in July

Shares of American Airlines Group (NASDAQ: AAL) lost 14.9% in July, according to data provided by S&P Global Market Intelligence, as early summer hopes for a rebound in demand proved to be premature. The company has a long journey to normal ahead of it, and increasingly investors are deciding not to climb on board.