United Airlines Shares Plunge as Newark Airport Issues Impact Earnings Outlook

Reported about 15 hours ago

United Airlines' shares dropped 3% in premarket trading after the airline announced that operational issues at Newark airport would negatively affect its third-quarter earnings forecast. Disruptions caused by equipment malfunctions and runway construction have led to an anticipated earnings hit. Despite this, United forecasts a 6% increase in travel demand for the third quarter.

Source: YAHOO

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