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$UAL said consolidated passenger revenue per available seat mile (PRASM), the key metric that measures the efficiency of an airline, fell 6.6%. The decline in PRASM continues to be driven by factors including a strong U.S. dollar, lower surcharges, and travel reductions from customers impacted by declining oil prices, the company said.
Any idea why some investors are happy about the disastrous $UA results??
Wow! GM killed it with earnings today! Did not expect this after $F gave the feeling it will eclipse the Chevy maker completely!
Oil rebound starting to show up in energy stocks. $XOM $CVX
I have a feeling "CLOUDy" days are ahead, with $AMZN leading the pack.
$AAL is giving pay hikes to its employees but investors are sulking.