American Airlines Forecast, Comcast Falls, IBM Tumbles
On this episode of Stock Movers:- American Airlines Group (AAL) shares are up. However, the company withdrew its full-year earnings outlook, joining a growing number of companies hedging their bets on the broader economy. The looming impact of higher costs from the Trump administration’s trade policy is making it difficult for Corporate America to forecast how the year will play out as consumers brace for economic pain.- Comcast Corp. (CMCSA) shares fell to their lowest level in 2 1/2 years after the company reported first-quarter losses of pay-TV and broadband customers that exceeded…
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