UAL Stock Up on Higher Credit Card, Club Access Fees: Time to Buy?

Shares of United Airlines (UAL) gained 7.15% on Monday after the Chicago-based carrier unveiled new features and raised the fees for its JPMorgan Chase (JPM) co-branded credit cards. The uptick was not only limited to UAL. Delta Air Lines (DAL) and American Airlines (AAL) stocks also gained 4.5% and 3.9%, respectively, on March 24. The NYSE Airline Index gained 2.7% yesterday, closing the session at $60.02 per share.A Sneak Peek Into the AnnouncementUAL and JPM announced that in a bid to enhance the value o ...