Air Stocks Rallied on Falling Crude Oil Prices (LCC, UAUA, CAL) : by Penny Stock Pick Alert
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(EMAILWIRE.COM, November 07, 2009 ) Dallas, TX - US Airways Group, Inc. (NYSE:LCC) soars 8.14% to $3.19 on over 12.50 million shares after Crude-oil futures were down 2% to about $78 a barrel in electronic trading. The stock hit an intraday high and an intraday low of $3.26 and $2.90 respectively. So far the stock prices went down over 36% in last six months. US Airways Group, Inc.is a holding company whose primary business activity is the operation of a network air carrier through its wholly owned subsidiaries.
UAL Corporation (NASDAQ:UAUA) increases 6.75% to $6.96 on a volume of 10.36 million shares after Crude-oil futures were down 2% to about $78 a barrel in electronic trading. The Stock hit an intraday high and an intraday low of $7.09 and $6.52 respectively. In the last six months the stock went up 15%.UAL Corporation is a holding company whose principal subsidiary is United Air Lines, Inc. Most of UAL's revenue during the year ended December 31, 2008, was from United's airline operations.
Continental Airlines, Inc. (NYSE:CAL) soars 8.77% to $12.77 on over 11.53 million shares after Crude-oil futures were down 2% to about $78 a barrel in electronic trading. The stock hit an intraday high and an intraday low of $12.89 and $11.81 respectively. So far the stock prices went up over 21% in last six months. Continental Airlines, Inc. is a United States air carrier engaged in the business of transporting passengers, cargo and mail. The Company operates in two business segments.
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