American Airlines Shares Trade Premarket; Investors Eye Fuel Shock
American Airlines Group Inc. shares traded higher in premarket action Tuesday. Airline stocks steadied after the Memorial Day break, with investors eyeing oil’s latest move and holding onto hopes for travel demand. American traded at $13.85, up 26.5 cents, or about 2%, in premarket action. Delta Air Lines was up 51 cents to $76.14. United Airlines added 35 cents to $99.96. The U.S. Global Jets ETF inched up 12.5 cents to $27.13. Premarket trading runs before the 9:30 a.m. open, often on lighter volumes that can move prices more.