Europe travel shock set to pummel Wall Street into bear market [Reuters]
United Airlines Holdings, Inc. (UAL)
Last united airlines holdings, inc. earnings: 4/30 04:30 pm
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Source: Reuters
Europe travel shock set to pummel Wall Street into bear market (Reuters) - Wall Street was set to sink into a bear market on Thursday, with airline stocks in a tailspin after President Donald Trump’s shock move to suspend travel from Europe. The S&P 500 .SPX and the Nasdaq .IXIC , which closed 19% below their record close on Feb. 19, were set to plunge at the open after futures hit a 5% daily down trading limit for the second time this week. The Dow Jones Industrials .DJI already confirmed a bear market at the close on Wednesday as it fell more than 20% from its Feb. 12 closing high, halting the longest bull run in U.S. history. American Airlines ( AAL.O ) and United Airlines ( UAL.O ) cratered more than 15% in premarket trading, while cruise liners Carnival Corp ( CCL.N ) and Royal Caribbean Cruises Ltd ( RCL.N ) tumbled more than 12%. Boeing ( BA.N ) slumped another 14.8% after J.P.Morgan gave up on its long-term “overweight” rating on the planemaker’s shares. The stock, a
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UAL
News
- Boeing lost less revenue than expected amid safety crisis [Yahoo! Finance]Yahoo! Finance
- DOT forcing airlines to give full refunds for canceled and delayed flights [Seeking Alpha]Seeking Alpha
- Dave O'Flanagan Appointed CEO of Sitecore [Yahoo! Finance]Yahoo! Finance
- United Airlines Holdings, Inc. (NASDAQ: UAL) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
- Airliner Earnings: What Can Investors Expect? [Yahoo! Finance]Yahoo! Finance
UAL
Earnings
- 4/16/24 - Beat
UAL
Sec Filings
- 4/23/24 - Form DEFR14A
- 4/23/24 - Form 8-K
- 4/23/24 - Form 8-A12B/A
- UAL's page on the SEC website