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

86.00

Mkt cap

29B

Volume

4.3M

High

87.87

P/E Ratio

10.43

52-wk high

87.87

Low

85.60

Div yield

N/A

52-wk low

37.02

Small-cap stocks outperformed large caps, driven by expectations of interest rate cuts and a rally in regional banks. Morgan Stanley's strong earnings boosted its stock, while regional banks and airlines also saw significant gains. The tech sector lagged due to ASML's earnings shock. Major indices showed mixed performance.

Portfolio Pulse from Piero Cingari

October 16, 2024 | 5:44 pm

United Airlines shares rose following the announcement of better-than-expected Q4 financial results and a $1.5 billion share buyback program.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 4:02 pm

United Airlines CEO expressed appreciation for Boeing CEO's long-term focus, aligning with United's priorities, during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:47 pm

United Airlines CEO expressed confidence that Boeing will not file for Chapter 11 bankruptcy. He acknowledged the impact of strikes on United's schedule but is optimistic about Boeing's long-term focus.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:41 pm

United Airlines has indicated a downward bias in its capital expenditure outlook due to ongoing delivery delays from aircraft manufacturers Airbus and Boeing. These delays are not expected to be resolved quickly.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:15 pm

United Airlines CEO expressed confidence in the shared commitment between picket line workers and management to improve Boeing. He supports Boeing's decision to sell equity as a beneficial long-term strategy, despite potential short-term market reactions.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:11 pm

United Airlines CEO expresses optimism about Boeing's direction under Kelly Ortberg, expecting a positive rally from Boeing employees.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:09 pm

United Airlines' CFO expressed support for Boeing, highlighting Boeing's smart decisions and potential plans to raise equity in the capital markets to stabilize its business.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 3:04 pm

United Airlines anticipates continued acceleration in corporate demand into Q4, with eight of the top ten post-pandemic corporate revenue booking days recorded since September.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 2:54 pm

United Airlines is experiencing an improvement in pricing and yield in domestic and near Latin America markets, as stated by an executive during a conference call.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2024 | 2:49 pm

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