American Airlines stock slides premarket as Middle East flight chaos and oil jump rattle travel shares
American Airlines shares dropped 4.9% to $12.43 in premarket trading Monday after Middle East hub closures and a surge in oil prices hit travel stocks. The carrier canceled its Doha flight and extended a fee waiver for affected routes. Dubai and Doha airports remained shut for a third day as U.S.-Israel-Iran tensions escalated. Delta and United also fell about 6% each premarket.