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Chicago, Illinois-based United Airlines Holdings, Inc. (UAL) is a major American airline. Its offerings include transportation, catering, ground handling, and maintenance services. Valued at a market cap of $12.8 billion, the company provides air transportation services in the Americas, Asia, Europe, Africa, and the Pacific.
The airline company has significantly underperformed the broader market over the past year. Over the past 52 weeks, UAL stock has declined 25.9%, while the S&P 500 Index ($SPX) returned 17% over the same time frame. In 2024, UAL dipped nearly 6% compared to SPX’s 9.9% gain on a YTD basis.