Stock Market Today, March 23: American Airlines Group Rallies on Easing Fuel Concerns

American Airlines Group (NASDAQ:AAL), one of the biggest U.S. airlines, closed Monday at $10.81, up 3.64%. Shares rose alongside other travel firms on de-escalation signals surrounding the Iran conflict and a corresponding decline in oil prices.

Trading volume reached 77.1 million shares, coming in 18% above its three-month average of 65.2 million shares. American Airlines Group IPO’d in 2005 and has fallen 49% since going public.

The S&P 500 (SNPINDEX:^GSPC) added 1.15% to finish Monday at 6,581, while the Nasdaq Composite (NASDAQINDEX:^IXIC) advanced 1.38% to close at 21,947. Among airlines peers, Delta Air Lines (NYSE:DAL) gained 2.66% to close at $65.13 and United Airlines (NASDAQ:UAL) finished up 4.46% at $93.96, as sentiment around fuel costs improved.

Travel stocks, including American Airlines, rallied today on cautious optimism about easing geopolitical risk. The stock has still declined 16% in the past month, but falling oil prices and a change in tone around the war in Iran helped it pare some of those losses.

Continued volatility is likely, given that the conflict is now in its fourth week and today’s comments are only the first step to actually ending it. Moreover, energy disruptions will likely persist even after the war finishes.

This week, TD Cowen raised its price target for American Airlines from $13 to $17, and maintained its “buy” rating. It cited solid booking forecasts and improved fuel cost impacts. However, UBS lowered its target from $15 to $14.

Before you buy stock in American Airlines Group, consider this:

The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and American Airlines Group wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

Consider when Netflix made this list on December 17, 2004… if you invested $1,000 at the time of our recommendation, you’d have $495,179!* Or when Nvidia made this list on April 15, 2005… if you invested $1,000 at the time of our recommendation, you’d have $1,058,743!*

Now, it’s worth noting Stock Advisor’s total average return is 898% — a market-crushing outperformance compared to 183% for the S&P 500. Don’t miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.

See the 10 stocks »

*Stock Advisor returns as of March 23, 2026.