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via finance.yahoo.comMarkets

American Airlines (AAL) stock falls after full-year guidance below expectations

FROM THE WIRE · FINANCE.YAHOO.COM

What happened? Shares of global airline American Airlines (NASDAQ:AAL) fell 4.7% in the afternoon session after the company reported third-quarter results and provided full year earnings per share guidance which fell below Wall Street's expectations as rising fuel costs…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishFull-year EPS guidance below expectations and rising fuel costs pressure the stock and the airline sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Shares fell 4.7% in the afternoon session after third-quarter results.
  2. 02Fuel expense rose 67.5% to $4.6 billion.
  3. 03The GAAP loss was $269 million, or 41 cents per share.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
American Airlines Group Inc.AALStock12.11 USDMarket closedtoday -3.89%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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