American Airlines (NASDAQ:AAL) pushes higher on fuel price moves ahead of July data
American Airlines surged 11.8% last week to $17.87, just below its $18.04 52-week high, as jet fuel prices fell to $2.80 a gallon—well under the company’s Q2 planning assumption of $4.00—raising hopes for a stronger earnings setup even as analysts’ price targets remain mixed and the S&P 500 dropped 2%.