Why Shares of United Airlines Are Falling Today

By The Motley Foolabout 1 month ago

Shares of United Airlines Holdings (NASDAQ: UAL) are losing altitude today following the release of the airline's fourth-quarter results, and are down about 5% as of this writing. The quarter, as expected, was terrible, but investors are likely reacting negatively to United's tepid guidance.

After markets closed Wednesday, United reported an adjusted fourth-quarter loss of $7 per share on revenue of $3.4 billion, worse than analyst expectations for a $6.60 loss per share on revenue of $3.44 billion.

Image source: United Airlines.

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