4:02 PM · 23 June 2020

American Airlines stock's falls as company seeks new financing

American Airlines (AAL.US)  is planning to increase size of convertible and secondary stock offerings to $2 billion from $1.5 billion, according to  Bloomberg.
According to the report American Airlines will sell $1 billion of new shares in the offering, while a person familiar with the matter told Bloomberg that the shares will be priced at $13.50/share.
Convertible note sale was also increased to $1 billion, with a set price of a 6.5% coupon and a 20% conversion premium, according to Bloomberg sources.
 American Airlines (AAL.US) stock sdropped 7% during today's session, while total year-to-date loss reached 48% as company is dealing  with the travel freeze caused by the pandemic. Price bounced off the 200 MA (redline) and  continues to move lower. If sellers will manage to break below support at $12.87 per share,  then downward move toward $8.28 per share may accelerate. Source: xStation5
9 July 2026, 4:49 PM

Stock of the Week: Seagate Technology. How an old technology found a new role in the era of artificial intelligence

9 July 2026, 2:46 PM

US Open: Wall Street rebounds as AI and semiconductors overshadow Iran concerns

9 July 2026, 1:31 PM

Everything You Need to Know About the Upcoming Earnings Season⏰

9 July 2026, 11:51 AM

Defense stocks fall after NATO Summit 🚩 Rheinmetall drops 4%, KNDS suspends IPO

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits