United Airlines Holdings, Inc. - Common Stock (UAL)
76.97
+2.70 (3.64%)
NASDAQ · Last Trade: Jun 23rd, 11:30 PM EDT
Detailed Quote
Previous Close
74.27
Open
73.50
Bid
78.68
Ask
79.20
Day's Range
71.55 - 77.34
52 Week Range
37.02 - 116.00
Volume
11,985,212
Market Cap
24.91B
PE Ratio (TTM)
7.010
EPS (TTM)
11.0
Dividend & Yield
N/A (N/A)
1 Month Average Volume
7,523,771
Chart
About United Airlines Holdings, Inc. - Common Stock (UAL)
United Airlines Holdings Inc is a major American airline that provides passenger and cargo air transportation services across a global network. The company operates a fleet of aircraft to serve various domestic and international destinations, catering to both business and leisure travelers. In addition to its core airline services, United Airlines offers a range of ancillary services, including travel packages and frequent flyer programs, aimed at enhancing customer experience and loyalty. With a commitment to safety, reliability, and operational efficiency, United Airlines plays a critical role in connecting people and goods around the world. Read More
Mid-cap stocks often strike the right balance between having proven business models and market opportunities that can support $100 billion corporations.
However, they face intense competition from scaled industry giants and can be disrupted by new innovative players vying for a slice of the pie.
United Airlines delivered first quarter results that surpassed Wall Street’s revenue and profit expectations, despite operating in a softer demand environment. Management attributed the company’s resilience to an increased focus on brand loyal customers, with CEO Scott Kirby highlighting, “United’s performance is strong even in this weak environment because we’ve won the battle for brand loyal customers.” The quarter was shaped by disciplined cost management, a shift in capacity away from off-peak domestic flights, and continued investments in customer experience, including improved on-time performance and upgrades to inflight amenities. While premium cabins and loyalty revenue remained bright spots, the main cabin segment faced softness as more price-sensitive consumers pulled back on travel.
In a note to employees dated Monday, Joanna Geraghty said the company is still relying on borrowed cash for its operations and also noted that it will pause retrofitting and park some of its Airbus jets in the fleet to trim operational costs.
A number of stocks jumped in the afternoon session after the major indices rebounded (Nasdaq +1.5%, S&P 500 +1.0%) as reports pointed to easing tensions between Israel and Iran.
Investors embraced a risk-on mood Monday, showing optimism that Iran might seek a diplomatic solution to the crisis despite continued hostilities with Israel.
Let's have a look at what is happening on the US markets in the middle of the day on Monday. Below you can find the top S&P500 gainers and losers in today's session.
Shares of airline company United Airlines Holdings (NASDAQ:UAL)
fell 5.1% in the morning session after Israel carried out significant strikes on Iranian nuclear and military sites, dramatically escalating fears of a broader conflict in the Middle East.
