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United Airlines Continues To Rise After Q2 Outlook

Shares of United Airlines Holdings (UAL) are rising 11 percent on Thursday continuing their upward surge since Wednesday.

The stock has been positively impacted by the airlines' statement that it expects to return to profitability in the second-quarter on a robust operating revenue outlook, including total revenue per available seat mile (TRASM) of about 17% over 2019.

In the first quarter, the company's loss widened to $1.38 billion, or $4.24 per share.

Currently at $51.68, the stock has traded between $30.54 and $60.59 during the past 52 weeks.

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