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United Airlines Stock 9.85% Up On Tuesday, Will it Correct Today?

Via News Editorial Team

November 25, 2020

United Airlines Stock 9.85% Up On Tuesday, Will it Correct Today?
The Nasdaq Stock Market ended yesterday's session with United Airlines jumping 9.85% to $44.96 on Wednesday. The Nasdaq Stock Market jumped 0.04% to $11,895.20. United Airlines's last close was $36.85, below its 52-week high of $93.88. United Airlines's sales growth is a negative 67% for the current quarter and a decline by 45.5% for the next. The company's growth estimates for the current quarter and the next is a negative 338.6% and a negative 58.8%, respectively. Year-on-year quarterly revenue growth declined by 78.1%, now sitting on 22.83B for the twelve trailing months. United Airlines's stock is valued at $44.96 at 04:03 EST, way below its 52-week high of $93.88 and way higher than its 52-week low of $17.80. United Airlines's worth is way higher than its 50-day moving average of $35.04 and way higher than its 200-day moving average of $33.32.