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

By Emma Newbery – Mar 23, 2026 at 6:03PM ESTExpandNASDAQ: AALAmerican Airlines GroupToday's Change(3.79%) $0.40Current Price$10.82Key Data PointsMarket Cap$6.9BDay's Range$10.76 - $11.3352wk Range$8.50 - $16.50Volume2.6MAvg Vol65MGross Margin19.17%American Airlines Group (AAL +3.79%), 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.How the markets moved todayThe S&P 500 (^GSPC +1.15%) added 1.15% to finish Monday at 6,581, while the Nasdaq Composite (^IXIC +1.38%) advanced 1.38% to close at 21,947. Among airlines peers, Delta Air Lines (DAL +2.76%) gained 2.66% to close at $65.13 and United Airlines (UAL +4.54%) finished up 4.46% at $93.96, as sentiment around fuel costs improved. What this means for investorsTravel 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. Read NextMar 10, 2026 •By Josh Kohn-LindquistStock Market Today, March 10: American Airlines Falls After Analysts Cut Price Targets on Sector PressuresMar 9, 2026 •By Emma NewberyStock Market Today, March 9: American Airlines Rises as Oil Prices Fall Mar 5, 2026 •By Howard SmithStock Market Today, March 5: American Airlines Group Falls on Downgrade Citing Jet Fuel RiskMar 2, 2026 •By Howard SmithStock Market Today, March 2: American Airlines Drops as Oil Prices Surge on Middle East TensionsFeb 19, 2026 •By Eric TrieStock Market Today, Feb. 19: American Airlines Falls as Rising Fuel Costs Test 2026 Earnings OutlookJan 27, 2026 •By Josh Kohn-LindquistStock Market Today, Jan. 27: American Airlines Drops on Q4 Miss and Storm ImpactAbout the AuthorEmma Newberry is a contributing Motley Fool cryptocurrency analyst covering digital currencies and blockchain trends. She previously wrote for Motley Fool Money (formerly The Ascent) on personal finance, investing, retirement readiness, and crypto. Earlier in her career, Emma founded an English-language newspaper in Colombia and contributed to Olympic city bid campaigns. She holds a bachelor’s degree in English literature with creative writing from the University of East Anglia in the UK.TMFemmanewberyStocks MentionedAmerican Airlines GroupNASDAQ: AAL$10.83(+3.79%)+$0.40Delta Air LinesNYSE: DAL$65.19(+2.76%)+$1.75United AirlinesNASDAQ: UAL$94.03(+4.54%)+$4.08*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.