Oct
09
2018
American Airlines stock hit two year low. It’s down about a third this year. The market doesn’t seem to think their strategy is going to deliver results. Investors appear to be mirroring customer sentiment, judging from the comments and interactions I have with readers. It also appears to be mirroring employee sentiment, judging from what I hear from American’s front line.
The total value the market places on American Airlines right now is less than $16 billion. In contrast United’s market cap is $22 billion. Their stock has gone in the opposite direction from American’s this year. Southwest’s market cap is $34 billion and Delta’s is $35 billion.
