United Airlines operator UAL (UAUA), based in Chicago, was up 8.2% to $6.83. UAL announced it would make major changes in order to cut costs in the current, challenging economic environment, including reducing its work force and charging customers $15 for checking the first bag.
Video-game retailer GameStop (GME - Get Report) added $1.52, or 3.5%, to $44.44 following the monthly video games sales report from research firm NPD that showed the industry grew 37% in May from a year ago. The U.S. video games industry has generated $6.6 billion this year, so far, and is on track to achieve $21 billion to $23 billion in revenue for 2008, said NPD.
Several chip stocks recovered after taking a beating earlier this week when the Semiconductor Industry Association cut its sales forecast for the year to 4.3% from 7.7% issued in November. AMD (AMD - Get Report) rose 40 cents, or 5.6%, to $7.54 while rival Intel (INTC - Get Report) was up 61 cents, or 2.8%, to $22.66.