American Airlines investors who purchased the company’s securities between July 20, 2023, and May 28, 2024, have until September 16th to file lead plaintiff applications in class action lawsuits alleging the company withheld important information, resulting in a significant stock price drop. The lawsuits stem from American Airlines’ announcement of the termination of its Chief Commercial Officer and a downward revision of its short-term guidance.
Investors who purchased American Airlines securities between January 25, 2024, and May 28, 2024, have until September 16, 2024, to file lead plaintiff applications in a securities class action lawsuit against the company. The lawsuit alleges that American Airlines failed to disclose crucial information regarding its financial performance, resulting in a significant stock price drop.
Intel Corporation (NASDAQ: INTC) announced its first-quarter earnings results, missing analyst estimates for both earnings per share (EPS) and revenue. The company reported an EPS of $-0.09, $0.24 below the consensus estimate of $0.15. Revenue for the quarter came in at $12.72 billion, compared to the consensus estimate of $12.88 billion.
