Shares of United Airlines Holdings Inc.
slipped 8.86% to $43.31 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
falling 3.20% to 3,991.24 and Dow Jones Industrial Average
falling 1.99% to 32,245.70. This was the stock’s third consecutive day of losses. United Airlines Holdings Inc. closed $17.28 below its 52-week high ($60.59), which the company reached on June 2nd.
The stock underperformed when compared to some of its competitors Monday, as Southwest Airlines Co.
fell 4.97% to $43.83, Delta Air Lines Inc.
fell 6.71% to $38.25, and American Airlines Group Inc.
fell 8.52% to $16.32. Trading volume (16.4 M) remained 308,770 below its 50-day average volume of 16.7 M.
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