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American Airlines Stock Falls After Carrier Cuts Outlook
Stock in American Airlines (AAL) fell, after the company pared its guidance for the current quarter and said Chief Commercial Officer Vasu Raja was leaving. American shares tumbled more than 14% to below $12, one pace for their lowest close since November. + Late Tuesday, American said it now expects second-quarter adjusted earnings of $1 to $1.15 per share.
The Wall Street Journal•
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