Shares of American Airlines (AAL) are down 47c, or 3%, to $16.78 in pre-market trading after the FAA reported on a nationwide groundstop put in place by the airline that appears related to a technical issue with all American Airlines flights.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AAL:
- American Airlines says ‘experiencing technical issue with all flights’
- American Airlines put volume heavy and directionally bearish
- Citi ups American Airlines target, adds to Focus List
- American Airlines price target raised to $24 from $16 at Deutsche Bank
- American Airlines price target raised to $22 from $18 at Morgan Stanley