American Airlines stock steadies after wild swing as oil shock keeps airlines in focus
American Airlines shares rose 0.6% to $12.60 Tuesday afternoon after rebounding from a nearly 6% drop earlier in the session. Airline stocks swung as Middle East conflict disrupted travel and pushed up oil prices, with over 21,000 flights canceled since U.S. and Israeli strikes on Iran. Major Gulf hubs remained closed or restricted for a fourth day. American is set to present at a J.P. Morgan conference March 17.