United Continental Holdings (UAL) Jumps: Stock Rises 8.6%

UAL CPA

United Continental Holdings, Inc. (UAL - Free Report) was a big mover last session, as the company saw its shares rise almost 9% on the day. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $44.40 to $48.49 in the past one-month time frame.

The company has seen one positive estimate revision over the last 30 days, while the Zacks Consensus Estimate moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.

United Continental Holdings has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

A better-ranked stock in the same industry is Copa Holdings SA (CPA - Free Report) , holding a Zacks Rank #2 (Buy).

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