Top 20 US stock turnover on April 17: United Continental Airlines' performance exceeded expectations, and the stock price surged 17.5%

Breakings ·  Apr 18 04:42
On Wednesday, United Continental Airlines (UAL), which ranked 13th in terms of US stock turnover, closed 17.45% higher and traded $3.158 billion. United Continental Airlines reported better-than-expected first-quarter earnings and expressed optimism about the outlook for the second quarter. The airline would have been profitable in the first quarter without the Boeing MAX 9 being grounded. Wall Street's reaction to the company's earnings report has been mostly positive. Deutsche Bank, Morgan Stanley, and Citibank have all reaffirmed the “buy” rating. In terms of delivery volume, United Continental Airlines currently expects to receive 61 Max jets this year, lower than the previous estimate of 101 due to Boeing's difficulties in producing and delivering Max jets. (Global Market Report)

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