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With a market cap of $30.2 billion, United Airlines Holdings, Inc. (UAL) provides air transportation services for passengers and cargo across the United States, Canada, the Atlantic, the Pacific, and Latin America. The company also offers ground handling, flight training, maintenance services, and operates a frequent flyer program.
Shares of the Chicago, Illinois-based company have underperformed the broader market over the past 52 weeks. UAL stock has returned 16.6% over this time frame, while the broader S&P 500 Index ($SPX) has increased 17.3%. In addition, shares of the company are down 3.4% on a YTD basis, compared to SPX’s 15.9% gain.