Here's Why United Airlines Stock Is Falling
Portfolio Pulse from Henry Khederian
United Airlines Holdings Inc (NASDAQ:UAL) shares fell by 1.74% after Southwest Airlines reported mixed Q2 results, including a 16.15% decrease in earnings per share compared to the same period last year. Southwest's CEO stated that while the company's network is mostly restored, it still needs optimization. United Airlines has a 52-week high of $58.23 and a 52-week low of $31.58.
July 27, 2023 | 4:54 pm
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United Airlines' stock fell by 1.74% following Southwest Airlines' mixed Q2 results. The airline industry is still recovering from the pandemic, and Southwest's results may have caused investor concern about United's performance.
United Airlines' stock fell after Southwest Airlines reported mixed Q2 results. This suggests that investors may be concerned about the overall health of the airline industry and United's ability to recover from the pandemic. The decrease in United's stock price indicates that the news has negatively impacted investor sentiment.
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