United Continental Holdings Inc (UAL): Today's Featured Transportation Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. United Continental Holdings (UAL) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole was unchanged today. By the end of trading, United Continental Holdings fell 27 cents (-1.3%) to $19.91 on light volume. Throughout the day, 3.4 million shares of United Continental Holdings exchanged hands as compared to its average daily volume of 4.9 million shares. The stock ranged in price between $19.88-$20.32 after having opened the day at $20.32 as compared to the previous trading day's close of $20.18. Other companies within the Transportation industry that declined today were: FreeSeas (FREE), down 5.7%, DS Torm (TRMD), down 5.5%, Star Bulk Carriers (SBLK), down 5.3%, and Paragon Shipping (PRGN), down 4.5%.
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