American Airlines Has Taken A Big Round-Trip Flight

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		Tech Entertainment Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Tuesday, November 29, 2011 American Airlines Has Taken A Big Round-Trip Flight American Airlines parent AMR Corp.'s stock price has fluctuated wildly over the last 8 years. But after a long journey ultimately resulting in a Chapter 11 bankruptcy filing today, AMR has ended up right back where it started. The price of AMR stock started rising at about the time CEO Gerard Arpey took the company's helm in April 2003, and hit a high on January 19, 2007, with shares trading at $40.66. That was two days after the airline reported its first full-year profit since 2000, making $231 million in 2006 according to the Star-Telegram. Yesterday, shares closed trading at $1.62, and Arpey announced his retirement. What a wild ride. Check out share prices since 2003: Read » Also On Money Game Today: British Politician Admits The Whole 'Austerity' Thing Isn't Working EU Fin Mins Approve Disbursement Of $11 Billion In Bailout Aid For Greece MICHELLE MEYER: This Is The Reason The House Prices Will Fall Another 8% Next Year PRESENTING: The Rosetta Stone Of The Entire Sovereign Debt Crisis Advertisement CHART OF THE DAY: Guess Which Country Has The Highest Percentage Of Workers Employed By The Government CHART OF THE DAY: The #1 Performing Retail Stock This Year CHART OF THE DAY: The Infection Of Europe Is Now Complete Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: ipat39@gmail.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Money Game RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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