Why United Airlines Stock Was Soaring So High This Week

The market was piling into the company, even though it just reported a notable slide in profitability. Times are frothy for the travel industry these days, so it wasn't exactly surprising to hear good news coming from top American carrier United Airlines (UAL 1.83%) several days ago. On the back of a strong quarterly earnings report and a subsequent clutch of analyst price target raises, the company's shares experienced quite a lift. According to data compiled by S&P Global Market Intelligence, they were up ...