Here's Why Shares in United Airlines Flopped Today
Shares in United Airlines (NASDAQ: UAL) were down as much as 11.4% today due to market volatility and investors digesting Delta Air Lines' (NYSE: DAL) earnings report and commentary the day before.
United Airlines will report its first-quarter 2025 earnings on April 16, and if Delta's earnings are any indication, United's management is highly likely to report deteriorating conditions.
Both airlines had already alerted the market to the uncertainty created by tariffs negatively impacting bookings. For example, in early March, Delta Air Lines management told investors that its first-quarter revenue growth would come in closer to 4% compared to previous guidance for growth of 7% to 9%. Ultimately, Delta's revenue growth came in at 3.3%.
Source Fool.com
United Continental Holdings Stock
The stock is an absolute favorite of our community with 39 Buy predictions and no Sell predictions.
As a result the target price of 113 € shows a positive potential of 20.3% compared to the current price of 93.93 € for United Continental Holdings.
