American Airlines shares rose by 50 percent on Thursday after a mention of the airlines was made on WallStreetBets, a subreddit where participants write about the stock exchange that has come recently under the spotlight for short squeezing financially troubled companies.
“AAL the next GME?” wrote a Reddit user named u/cardiffgiantthe1st on Wednesday, according to the New York Post. AAL referring to American Air Lines and GME to GameStop.
