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U.S. stocks were lower, with the Dow Jones index falling over 50 points on Wednesday.
Shares of United Airlines Holdings, Inc. (NASDAQ:UAL) rose sharply during Wednesday’s session after the company reported better-than-expected first-quarter financial results.
Revenue of $12.539 billion topped estimates of $12.4 billion. The company posted a loss of 15 cents per share, versus expectations for a loss of 57 cents per share, according to data from Benzinga Pro.
United Airlines shares jumped 11.2% to $46.12 on Wednesday.
Here are some other big stocks recording losses in today’s session.
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