Home Business American shares rise after airline issues better second-quarter forecast

American shares rise after airline issues better second-quarter forecast

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American Airlines flight takes off from Miami, Florida.

Marco Bello | Reuters

American Airlines forecast it will report a “slight” pretax profit for the second quarter and better revenue than it previously estimated, sending shares higher.

American’s stock was up more than 1% in after-hours trading Tuesday.

The carrier is expected to report quarterly results next week.


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