Trade Alert: American Airlines Stock Is Not Scheduled For Liftoff In 2022
The ongoing threat of the pandemic has brought fear to many travelers around the globe. That’s not good news for an airline industry who has depended on a reopening rally to aid its recovery. Combined with higher jet fuel costs, airline bottom lines will suffer. Jim and Dan revisit this major airline stock as the reality of slow growth in travel and a slower than expected economic recovery will result in a sharp correction to its share price.