Why These 5 Stocks Are Moving on Monday

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1. United Airlines Holdings, Inc. (NASDAQ:UAL) has dipped more than 8.5% today. The surge in crude oil prices to a 13-year high will adversely affect the profitability of the airline operators such as United Airlines Holdings, Inc. (NASDAQ:UAL). According to the Financial Times (FT), the number of scheduled flights at 11 integral airlines in the US has fallen by 12% to 1.63 million. There has been a significant decline in travel for business as people prefer virtual meetings over face-to-face meetings since the pandemic. Out of the 924 hedge funds being tracked by Insider Monkey, 35 funds held a stake in United Airlines Holdings, Inc. (NASDAQ:UAL) as of Q4 2021, up from 30 in the previous quarter.

You can also take a peek at the Ro Khanna Stock Portfolio: 10 Stocks To Consider and Billionaire Leon Cooperman Is Buying These 10 Stocks.

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