United sees bigger-than-expected first-quarter loss after 737 Max groundings — but here’s why the stock is rallying anyway

Shares of United Airlines Holdings Inc. rallied after hours on Monday after the airline forecast full-year profit that was better than expected, following a jump in sales for both its premium-cabin offerings and its cheaper basic economy fares.

United sees bigger-than-expected first-quarter loss after 737 Max groundings — but here’s why the stock is rallying anyway
Shares of United Airlines Holdings Inc. rallied after hours on Monday after the airline forecast full-year profit that was better than expected, following a jump in sales for both its premium-cabin offerings and its cheaper basic economy fares.