AMR Stock Gaps Down On Today's Open (AMR)
NEW YORK (TheStreet) -- Shares of AMR (NYSE:AMR) were gapping down Friday morning with an open price 10.5% lower than Thursday's closing price. The stock closed at 76 cents Thursday and opened today's trading at 68 cents. The average volume for AMR has been 26.1 million shares per day over the past 30 days. AMR has a market cap of $375.5 million and is part of the services sector and transportation industry. Shares are down 90.2% year to date as of the close of trading on Thursday. AMR Corporation operates in the airline industry. The company, through its principal subsidiary, American Airlines, Inc., provides scheduled jet service to approximately 160 destinations throughout North America, the Caribbean, Latin America, Europe, and Asia. American Airlines, Inc. TheStreet Ratings rates AMR as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, poor profit margins, weak operating cash flow, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. You can view the full AMR Ratings Report. Get more investment ideas from our investment research center. Interested in other stocks that are gapping down? Get free SMS text alerts sent to you when the action happens by texting DOWN to 95370 or select from multiple alert options.
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