Why United Airlines Stock Popped on Monday
A bit of litigation news is boosting share prices for United Airlines (NASDAQ: UAL) stock this morning.
Over the weekend, the Chicago Sun-Times reported American Airlines Group (NASDAQ: AAL) is suing Chicago's O'Hare Airport (more precisely, the "Chicago Department of Aviation") for "prematurely reorganizing gates," taking away four of American's slots and giving five more slots to United. American argues this breaches its seven-year-old airline use and lease agreement with the airport and will help United push American out to become the "sole hub carrier" at O'Hare.
United shareholders like the sound of that a lot, though, and United stock is up 2.1% as of 11:20 a.m. ET Monday. Curiously, American shareholders like the news as well (or, at least, the fact that American is fighting for slots), and its share price is up 2.5%.
Source Fool.com
United Continental Holdings Aktie
Die Aktie ist derzeit ein absoluter Favorit unserer Community mit 42 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung.
Das Kursziel von 100 € für United Continental Holdings bedeutet eine deutliche Steigerung von über 20% gegenüber dem aktuellen Kurs von 79.15 €.
