United (UAL) Soars 8.8%: Is Further Upside Left in the Stock?
United(UAL) ZACKS·2024-09-27 22:11
United Airlines (UAL) shares soared 8.8% in the last trading session to close at $58.85. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 30.9% gain over the past four weeks. United Airlines, like other major airline stocks, was buoyed by Southwest Airlines' (LUV) upbeat views, announced on Sep. 26, 2024, on third-quarter 2024 unit revenues and fuel costs. LUV also laid out an impressive roadmap for its growth and announced a new ...