US Stock Movement | Upgraded 2025 Profit Forecast, American Airlines Rises Over 5%
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On Thursday, American Airlines' stock price rose, and as of the time of writing, the stock was up over 5%, trading at $12.739. American Airlines raised its profit forecast for 2025, indicating that the capacity reduction measures implemented across the industry after a demand decline earlier this year have begun to yield pricing benefits. American Airlines currently expects its adjusted earnings per share for the year to be between $0.65 and $0.95, a significant shift from the July forecast of "a loss of $0.20 to a profit of $0.80."
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