Originally Posted by
fly18725
United announced today it raised $2 billion in additional liquidity and can survive through the most pessimistic scenario with demand down double digits for the full year.
I’d say the market liked their Kirby’s story better than other carriers who talked to investors today: UAL up 12.36%. AAL was up more but their story is more “we will survive” and they’ve lost A LOT more value this year.
I wonder if that huge surge in price was more due to the hope Trump is going to bail them out if everything fails. That's what I get regarding the current unraveling of the travel industry.