Wall Street’s reaction to American Airlines’ (AAL) Q4 earnings numbers was reactionary at best, briefly halting the airline’s long and steady climb since August 2024. After publishing its Q4 figures on January 23, the market clipped AAL’s wings, with the stock now trading ~10% lower and 3% lower since the start of the year.

But the day after American Airlines Flight 5342 collided with a U.S. Army helicopter in Washington, D.C., killing all 67 people onboard, shares of the company were trading just 2.5% lower. The decline grew four days later,

American Airlines stock dropped 9% following the company’s earnings report early Thursday. The drop provides what investors are likely to view as a “buy the dip” opportunity.