5 Market Movers to Watch on Wednesday

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In this article, we discuss the 5 market movers to watch on Wednesday. If you want to see some more stocks making moves today, go directly to 10 Market Movers to Watch on Wednesday.

5. United Airlines Holdings, Inc. (NASDAQ:UAL)

Number of Hedge Fund Holders: 35

Shares of United Airlines Holdings, Inc. (NASDAQ:UAL) rose nearly two percent after the opening bell on Wednesday after the Illinois-based airline lifted its sales outlook for the third quarter, citing a robust demand environment.

United Airlines Holdings, Inc. (NASDAQ:UAL) now expects Q3 revenue to increase 12 percent over the comparable period of 2019, up from its earlier projection calling for an 11 percent rise.

In addition, United Airlines Holdings, Inc. (NASDAQ:UAL) now expects Q3 adjusted operating margin to increase to 10.5 percent over the corresponding period of 2019, slightly higher than its previous forecast of a 10 percent gain.

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