United Airlines posts first profitable quarter of pandemic, but the stock is still getting pounded

United Airlines posts first profitable quarter of pandemic, but the stock is still getting pounded

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United Airlines Holdings Inc. shares fell in the extended session Wednesday after the airline fell short of Wall Street estimates even as it reported its first profitable quarter since COVID-19 began.

United UAL shares dropped 7% after hours, following a 0.5% rise to close the regular session at $41.68.

The airline reported second-quarter…

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