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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%.

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Source Fool.com

United Continental Holdings Stock

€68.61
0.500%
The United Continental Holdings stock is trending slightly upwards today, with an increase of €0.34 (0.500%) compared to yesterday's price.
With 39 Buy predictions and not a single Sell prediction United Continental Holdings is an absolute favorite of our community.
With a target price of 98 € there is a positive potential of 42.84% for United Continental Holdings compared to the current price of 68.61 €.
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