United Airlines Holdings Inc. inventory fell greater than 7% within the prolonged session Monday after the airline shocked Wall Street by guiding for a loss in its first quarter, saying it noticed lower-than-expected demand in January and February and continued to really feel the pinch of excessive gas costs.
United UAL mentioned it expects a quarterly loss between 60 cents a share and $1 a share, which contrasts with FactSet consensus for an adjusted revenue of 64 cents a share within the quarter.
The…
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