United Airlines Holdings, Inc. (UAL) stock closed at $116.02, marking a 4.76% positive change. Active trading volume reached 4.5 million shares, signaling strong investor interest.
Investor enthusiasm stems from the company's impressive return on equity and the implementation of a new meal preorder system.
This momentum was supported by a recently increased price target issued by Goldman Sachs.
Separately, United announced the launch of its first-ever nonstop service between New York and Split, Croatia. This seasonal, three-times-weekly flight establishes a direct link between the United States and the popular Dalmatian coast, significantly reducing passenger travel times.