Why United Continental Holdings (UAL) Stock Is Slumping Today

NEW YORK (TheStreet) --Shares of United Continental Holdings Inc. (UAL) are lower by -3.65% to $43.26 as airline stocks retreat following a Malaysia Airlines  (MLYAF) plane crash in eastern Ukraine.

Ukraine accused militants fighting to join eastern Ukraine with Russia of shooting down the flight, which was carrying 295 people, Reuters reports.

Other airline stocks declining as a result of the crash include Delta (DAL), lower by -3.35% to $36.59, American Airlines (AAL), down -3.68% to $41.88, and Southwest Airlines (LUV), down by -1.86% to $27.51.

Must Read: Warren Buffett's 25 Favorite Stocks


Separately, TheStreet Ratings team rates UNITED CONTINENTAL HLDGS INC as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation:

"We rate UNITED CONTINENTAL HLDGS INC (UAL) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its notable return on equity, good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and poor profit margins."

If you liked this article you might like

Here Are the Best Elite Airline Status Programs

Southwest Airlines Won't Be Clipped By the Vicious Fare War

Stocks Dad Would Have Loved, And Why He Was Right

United Airlines Might Be Having an Identity Crisis That Is Worrying Wall Street