Tag: American Airlines

Activity, Investment Banking, Trading

Robinhood traders cash in on the market comeback that billionaire investors missed

June 9, 2020


One 26-year-old Robinhood trader made $1,500 in less than 24 hours betting on a beaten-down airline stock, while many so-called experts on Wall Street warned about buying into an overvalued stock market that was bound to tumble again amid the […]

Activity, Trading

Airlines, retail and cruise shares fall, refiners surge as spiking crude will lift fuel costs

September 16, 2019


Shares of industries with high fuel costs like airlines and cruise lines dropped Monday as crude oil and gasoline futures spiked following the weekend attack on Saudi oil installations. Shares of retailers fell on fears that higher gasoline costs will […]