Here's Why United Airlines Shares Are Rising

Shares of airline companies, including United Airlines Holdings Inc UAL, are trading higher in sympathy with Delta Air Lines DAL, which reported better-than-expected first-quarter EPS results.

Delta Air Lines reported quarterly losses of $1.23 per share which beat the analyst consensus estimate of a loss of $1.37. Delta Air Lines also reported quarterly sales of $8.20 billion which missed the analyst consensus estimate of $8.76 billion by 6%... Read More

United Airlines is a major U.S. network carrier. United operates a hub-and-spoke system that is more focused on international travel than legacy peers.

United Airlines has a 52-week high of $60.58 and a 52-week low of $30.54.