United Continental Holdings (UAL) – This is Why Virgin Galactic, Sundial Growers And United Airways Are Shifting
Virgin Galactic Holdings Inc. (NYSE: SPCE) Stocks trade lower on persistent weakness after Richard Branson cut his stake in the company by $ 150 million last week. Movement can also be related to general market weakness.
Virgin Galactic is a US-based vertically integrated aerospace company pioneering human space travel for individuals and researchers, and manufacturing advanced aircraft and spacecraft. With its technologies, the company is developing a space system that offers its customers a unique, multi-day and transformative experience.
Sundial Growers Inc. (NASDAQ: SNDL) stocks will trade higher on Monday on the sustained momentum after the U.S. House of Representatives voted to pass the SAFE bill that would allow banks and other financial services firms to legally service cannabis companies.
Sundial Growers produces and markets cannabis for the adult market. The company’s main focus is on the manufacture and sale of inhalable products and brands.
United Airlines Holdings Inc. (NASDAQ: UAL) shares trade lower after the company reported worse-than-expected EPS and sales results in the first quarter.
United Airlines is the third largest airline in the world by passenger miles with planned revenue. United’s hubs include San Francisco, Chicago, Houston, Denver, Los Angeles, New York / Newark and Washington. DC United operates a hub-and-spoke system that is more focused on international travel than older peers.
© 2021 Benzinga.com. Benzinga does not offer investment advice. All rights reserved.