United Airlines shares rise 7.00% intraday as Optas, LLC and other investors boost stakes in the airline.

United Airlines Holdings surged 6.99% intraday as multiple institutional investors increased their stakes in the company. Optas, LLC raised its holdings by 26.39% through a 580-share purchase, while Westwood Wealth Management and Independence Bank of Kentucky initiated new positions valued at $228,780 and $1,340, respectively. Additional buy-ins from Park Capital Management, NVWM, LLC, and SIGNATUREFD, LLC further signaled growing institutional confidence. These cumulative position increases, coupled with Citi’s recent price target upgrade and United’s $1 billion senior notes offering, reinforced positive sentiment. The intraday rally aligns with the broader trend of institutional accumulation and strategic corporate developments, reflecting optimism about the airline’s financial outlook and operational resilience.