AAL is trading at $11.21 (-4.92%) as surging oil prices from US-Iran conflict escalation hit airline margins amid higher fuel costs and flight disruptions.
- The decline extends a multi-day slide, following yesterday's close at $11.79 (-5.38%).
- Broader market weakness adds further pressure, with the S&P 500 down 1.28% and the Dow down 1.55%.
- Sentiment is also impacted by industry-specific headwinds, including a prior FAA-O'Hare gate dispute.