Streetbeat News

UAL

United Airlines Holdings, Inc.

https://www.united.com

Industry

Airlines, Airports & Air Services

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, training, and maintenance services for third parties. The company was formerly known as United Continental Holdings, Inc. and changed its name to United Airlines Holdings, Inc. in June 2019. United Airlines Holdings, Inc. was incorporated in 1968 and is headquartered in Chicago, Illinois.

Open

92.21

Mkt cap

30B

Volume

4.5M

High

92.71

P/E Ratio

10.87

52-wk high

93.33

Low

90.56

Div yield

N/A

52-wk low

37.02

Travel over the Labor Day holiday has increased significantly, with domestic travel up 9% from last year. Gas prices have dropped, averaging $3.35 a gallon. TSA expects record travel volumes, screening over 17 million people. Rental car companies, airlines, and cruise providers showed varied stock performances.

Portfolio Pulse from Michael Juliano

August 30, 2024 | 6:00 pm

Delta Air Lines and United Airlines have both formed a Death Cross on their stock charts, a bearish technical pattern indicating potential declines. Delta faces challenges from a past IT outage, while United deals with labor disputes. Investors should be cautious given the mixed technical signals and broader market volatility.

Portfolio Pulse from Surbhi Jain

August 30, 2024 | 2:29 pm

Warren Buffett's Berkshire Hathaway reached a $1 trillion market cap milestone, marking it as the first non-tech U.S. company to do so. The article highlights Buffett's investment journey, including significant investments in Coca-Cola, Geico, and Apple, and his decision to sell airline stocks during the pandemic.

Portfolio Pulse from Chris Katje

August 30, 2024 | 1:38 pm

United Airlines shares are trading higher following the company's announcement of a petition to the Department of Transportation to block the Alaska-Hawaiian Air merger.