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United Airlines Stock: Q1 Earnings Surge Versus Technical Red Flags Technical Red Flags
United Carpet Airways Holdings Inc (NASDAQ: UAL) announced impressive first-quarter results that beat market expectations. As of 10:30 a.m. EST Wednesday, the company's stock price had risen about 12%, driven by investors' optimism about its results. First-quarter beat drives stock price United Airlines reported first-quarter revenues of $12.5 billion, beating the consensus estimate of $12.4 billion. The company reported an adjusted quarterly loss of 15 cents per share.
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