Airline stocks were rocked Wednesday, as United Airlines Holdings Inc.’s profit warning due to the negative impact of the Israel-Hamas war cast a pall on investor sentiment.
The Dow Jones Transportation Average DJT, of which six of its 20 components are airline stocks, slid 388 points, or 2.6%. United’s stock UAL, -8.11% sank 8% after the air carrier beat third-quarter profit expectations but provided a downbeat fourth-quarter outlook, citing flight suspensions to Tel Aviv. The longer that the Israel-Hamas war lasts, the lower the expected profit.
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो: