Why American Airlines Group Inc. (AAL) Went Down On Thursday?
We recently published a list of . In this article, we are going to take a look at where American Airlines Group Inc. (NASDAQ:AAL) stands against other stocks that traders heavily sold down on Thursday.
The stock market wiped away earlier gains, ending Thursday's trading in another bloodbath session, as investors sold off positions amid President Donald Trump's announcement that he had actually raised tariffs on Chinese goods to 145 percent.
The Nasdaq was battered the most among all major indices, losing 4.31 percent. The S&P 500 followed with a 3.46-percent drop while the Dow Jones came in last, down 2.50 percent.
Meanwhile, 10 companies were heavily sold down on Thursday, recording double-digit losses as investors parked funds to minimize risks from the ongoing uncertainties. In this article, we have listed Thursday's 10 worst performers and detailed the reasons behind their drop.
To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million trading volume.
A passenger jet taking off, representing the company's commitment to air transportation services.
American Airlines fell by 14.48 percent on Thursday to finish at $9.51 apiece as investors resorted to profit-taking while repositioning portfolios amid the escalating trade war.
In recent news, two of AAL's planes reportedly collided at the taxiway of the Ronald Reagan Washington National Airport where the wingtip of a Bombardier CRJ900 bumped into an Embraer E175.
The two planes were bound for their respective routes, to Charleston International Airport in South Carolina, while the other was headed for JFK International Airport in New York.
The news was met with investor concern, especially with the travel industry's high sensitivity to operational disruptions and safety concerns.
Overall, AAL ranks 4th on our list of stocks that traders heavily sold down on Thursday. While we acknowledge the potential of AAL as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AAL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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You know, I just wish him well," he said. This article was originally published on
