American Airlines is rallying after saying it will raise bag fees (AAL, DAL, JBLU, LUV, UAL)

Scott Olson/Getty Images American Airlines surged more than 4% Friday after announcing it will raise baggage fees. The airline has joined Delta Air Lines and United Airlinesin raising the price of passengers' first checked bag to $30 anda second checked bag to $40. Delta Air Lines, United Airlines, Southwest Airlines, and JetBlue also gained ground following the news. Watch American Airlines in real time here. Airline stocks are rallying after the last of the world's three biggest carriers hiked...