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United Continental jumps after reporting high traffic in December (UAL)

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  • Shares of United Continental rose 6.57% on Wednesday after news that its traffic increased in December.
  • The airline reported that its traffic increased 2.7% last month, and its consolidated capacity increased 3.7% year-over-year.
  • The company also said its fourth-quarter sales were flat, exceeding its earlier guidance that its revenue would fall 2%. 
  • United also announced on Wednesday that it is opening up half a dozen new routes to domestic destinations in California, Ohio, North Dakota, South Dakota, Virginia and Wisconsin. 
  • United's stock is trading at $72.96 per share and is up 5.79% this year.
  • You can see United's stock price move in real time here.

To read about how competitor American Airlines is changing its uniform and image, click here. 

United Continental stock price

SEE ALSO: American Airlines has found a replacement for the uniforms that thousands of workers said made them sick

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