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Actionable news in UAL: UNITED CONTINENTAL HOLDINGS Inc,

Why United Continental (UAL) Stock Is Gaining Today

NEW YORK (TheStreet) -- Shares of United Continental (UAL) were climbing 5.24% to $53.82 on heavy trading volume mid-Wednesday afternoon after rival airline company Southwest Airlines (LUV) said it would be cutting capacity growth next year.

Southwest, based in Dallas, said its capacity will rise by less than 4% next year, down from this year's increase of 5% to 6%, according to an SEC filing.

The decline in growth could bring supply in line with demand and help ease fare pressure industry-wide, Bloomberg reports.

Additionally, Evercore said today in a note cited by Barron'sthat...


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