Did These 2 Travel Stocks Beat the Stormy Winter?
The travel industry has faced more than its fair share of challenges over the past several years. The COVID-19 pandemic brought travel to a standstill, and even as people have returned to the road and released pent-up demand, companies providing travel services still face considerable struggles to deliver the high-quality service that travelers expect. That gets particularly difficult when weather doesn't cooperate.
A couple of travel stocks gave updates Wednesday morning on how the recent winter storms in late December affected their operations. For United Airlines Holdings (NASDAQ: UAL), investors seemed generally pleased with the way the airline giant withstood pressures that hit some of its competitors harder. Meanwhile, Vail Resorts (NYSE: MTN) loves to get snow, but challenges in getting travelers from their homes to Vail's destination resorts weren't necessarily what shareholders wanted to see.
Shares of United Airlines Holdings climbed 3.5% in premarket trading Wednesday. The airline's fourth-quarter financial report came out late Tuesday, and it included a lot of positive news both about past performance and what it expects for 2023.
Source Fool.com
