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

United Airlines Holdings, Inc. (NASDAQ:UAL) announced its largest international expansion, adding service to eight new cities, including Bilbao, Nuuk, and Palermo. The expansion includes new nonstop flights from Newark and Washington D.C., and an increase in transatlantic flights. UAL shares rose 1.48% following the announcement.

Portfolio Pulse from Lekha Gupta

October 10, 2024 | 4:07 pm

Hurricane Milton has caused significant disruptions in Florida, closing multiple airports and leading to over 3,000 flight cancellations. Major airlines like Southwest, Spirit, Delta, JetBlue, Frontier, American, and United are expected to be heavily impacted. The U.S. Global Jets ETF may also experience volatility due to the situation.

Portfolio Pulse from Chris Katje

October 10, 2024 | 4:02 pm

Susquehanna analyst Christopher Stathoulopoulos maintains a Positive rating on United Airlines Holdings and raises the price target from $60 to $70.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2024 | 2:36 pm

The article highlights unusual options activity for several industrial stocks, indicating potential trading opportunities. Notable bullish sentiment is observed in options for LASE, DAL, KNX, DE, CAT, UAL, and AXON, while bearish sentiment is noted for EH, UBER, and FDX.

Portfolio Pulse from Benzinga Insights

October 08, 2024 | 5:35 pm

Delta Air Lines, United Airlines, and American Airlines are set to report their Q3 2024 earnings soon. Analysts have provided revenue and EPS estimates for each airline. Delta may issue conservative guidance due to its upcoming investor day. American Airlines is expected to exceed its previous EPS estimate, while United Airlines investors anticipate potential capital returns.

Portfolio Pulse from Dylan Berman

October 07, 2024 | 4:38 pm

United Airlines (UAL) shares rose by 4.9% following news that Spirit Airlines is considering bankruptcy. Spirit's financial troubles, including $3.3 billion in debt and operational setbacks, could benefit United by reducing competition and increasing demand for its services. United is well-positioned to capitalize on this opportunity due to its strong financial standing and operational capabilities.

Portfolio Pulse from Henry Khederian

October 04, 2024 | 6:51 pm

A strong September jobs report led to a rally on Wall Street, with small-cap stocks outperforming. The U.S. economy added 254,000 jobs, reducing the likelihood of aggressive Fed rate cuts. Chinese stocks soared, and several ETFs and stocks, including AMD and Spirit Airlines, saw significant movements.

Portfolio Pulse from Piero Cingari

October 04, 2024 | 6:08 pm

Spirit Airlines is considering bankruptcy after a failed merger with JetBlue, which was blocked by U.S. antitrust regulators. The airline faces financial struggles due to engine issues and intense competition. The stock has dropped significantly, losing over 85% of its value in 2024.

Portfolio Pulse from Anthony Noto

October 04, 2024 | 5:09 pm

Airline stocks are rising amid reports that Spirit Airlines is contemplating bankruptcy.

Portfolio Pulse from Benzinga Newsdesk

October 04, 2024 | 3:49 pm

Apogee Enterprises reported strong earnings, leading to a 20.7% stock surge. Frontier Group and JetBlue also saw significant gains due to potential Spirit Airlines bankruptcy. Other stocks like LexinFintech, Capricor Therapeutics, and Barnes Group recorded notable increases.

Portfolio Pulse from Avi Kapoor

October 04, 2024 | 2:28 pm

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