American Airlines Shares Drop 0.96% on $1.16 Billion Trading Volume Ranking 89th as Sector Grapples with Off-Peak Demand and Fuel Cost Pressures

. 22, 2025, , ranking 89th among U.S. equities. The decline came amid mixed market sentiment and sector-specific pressures affecting the broader travel industry.

Recent developments highlighted a shift in , with analysts noting reduced during the off-peak season. Industry reports indicated that carriers are grappling with lower-than-expected booking rates for the post-Labor Day period, . also remained a headwind, though this factor has persisted across the sector rather than being specific to AAL.

Investor focus turned to , with the company yet to release its 2025 Q3 report. , particularly when guidance diverges from . .

To conduct this back-test rigorously I need to confirm (or, if you prefer, assume) several key details: 1. Stock universe • All U.S. listed common shares (NYSE + NASDAQ + Amex)? • Or a different market / subset? 2. Trade timing • Select the day’s top-500 by volume at the close, buy them at that same close, then hold until the next day’s close (close-to-close)? • Or select at the close and enter next day’s open, then exit that day’s close (overnight gap excluded)? 3. Position sizing • Equal-weight across the 500 names (typical) – OK? • Any leverage or cash drag considerations? 4. Transaction costs / slippage • Ignore for now (0) unless you’d like an estimate. Once I have these points I can generate the daily portfolio return series and run the performance statistics for the 2022-present period.