United Airlines Stock Plummets to 191st in Trading Volume as Contract Rejection Looms

On March 26, 2025, United Airlines Holdings Inc. (UAL) experienced a significant drop in trading volume, with a total of 4.23 billion shares traded, marking a 32.17% decrease from the previous day. This decline placed UAL at the 191st position in terms of trading volume for the day. The stock price of UAL also decreased by 1.31%, marking the second consecutive day of decline, with a total decrease of 2.93% over the past two days.

United Airlines faced a significant setback as Teamsters union members overwhelmingly rejected the company's latest contract proposal. The rejection, with 99.5% of Teamsters voting against it, was a response to the airline's attempts to cut wages and outsource work to communist China. This development has raised concerns about potential labor disputes and their impact on the company's operations and financial performance.

In addition to the contract rejection, United Airlines CEO Scott Kirby acknowledged a short-term decline in demand, particularly in government-related sectors. This admission highlights the challenges the airline is currently facing, which could further impact its stock performance in the near future.