Wednesday, August 14, 2013

US Airways (LCC) Takes a Hits

US Airways (LCC) has taken a hit because there are attempts to block the company's merger with American Airlines. Two weeks ago (August 1st) LCC hit an intra-day high of $19.59. Yesterday (02013.08.13) LCC closed at $16.36 and so far today it has had intra-day low of $15.35. The problem is with the U.S. Justice Department along with attorneys general of six states and the District of Columbia. LCC's 52-week range: $9.90 - $19.70.

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