American Airlines Stock Falls as Upbeat Outlook Meets Oil Shock

American Airlines Stock Falls as Upbeat Outlook Meets Oil Shock

American Airlines shares fell 2.8% to $10.50 midday Friday, tracking declines across major U.S. carriers as high fuel prices offset strong booking demand. The company expects first-quarter revenue to rise over 10% year-on-year, but warned fuel costs could push losses toward the higher end of its forecast. Brent crude traded near $109.64 a barrel amid Middle East tensions. The post American Airlines Stock Falls as Upbeat Outlook Meets Oil Shock a…