Why Investors Were Excited Even Though Airline Stocks Lowered Guidance
On Sept. 9, United Airlines (NASDAQ: UAL) revised its financial guidance down for the upcoming quarter. It didn't take long for other airlines to follow. Yet these stocks popped when that happened. What's going on?
In this video from Backstage Pass, recorded on Sept. 9, Motley Fool contributor Lou Whiteman talks with fellow contributor Jason Hall, breaking down all of what's going on in the airline industry right now as well as what the market might be thinking.
Source Fool.com
