Why Shares of United Airlines Fell Today
Shares of United Airlines Holdings (NASDAQ: UAL) closed down more than 3% on Thursday and were down 12% earlier in the trading session, as the carrier's troubles continue to mount. It was a down day for most of the airlines, but United continues to underperform.
It's been a rough week for United shareholders. The carrier, like all airlines, have been hit hard by the COVID-19 pandemic. The industry is dealing with substantial losses and uncertain future demand by cutting flights, grounding planes, and looking for other ways to cut costs.
Image source: United Airlines.
Source Fool.com
