True, CAL did reach a new 52-week low ($10.37) in intra-day trading. Their closing price was 10.53, which is down 72.85% from its' 52-week high of $38.79. Market cap is $1.04 billion
How does that compare to other legacies?
NWA closed at $6.31, which is down 73.98% from its' 52-week high of $24.25. Market cap is $1.54 billion.
DAL closed at $5.52, which is down 74.67% from its' 52-week high of $$21.80. Market cap is $1.61 billion
AMR closed at $5.35, which is down 81.75% from its' 52-week high of $29.32. Market cap is 1.33 billion.
UAUA closed at $5.56, which is down 89.22% from its' 52-week high of $51.50. Market cap is $699.22 million.
Now if you really want to see a sad picture, look at LCC. Their closing price was $2.45, which is down 93.34% from its' 52-week high of $36.81. Market cap is 225.6 million LCC also hit a new 52-week low during ($2.30) intra-day trading.
Seems like the carriers who are down the most (percentage-wise) from their 52-week highs (United & US) are generally thought of as being the carriers in the most trouble.
Here's the same statistics for three of the low-cost carriers.
LUV closed at $13.33, which is down 21.40% from it's 52-week high of $16.96. Market cap is $9.75 Billion
JBLU closed at $3.64, which is down 69.64% from its' 52-week high of $11.99. Market cap is $816.48 million
AAI closed at $2.11, which is down 81.65% from it's 52-week high of $11.50. Market cap is 194.76 million AAI also hit a new 52-week low ($2.07) during intra-day trading.
