"Completely untrue," said United spokeswoman Jean Medina, in an email message. United shares opened Monday at $12.16 and plunged as feeble as 1 cent in matinal functioning before trading was halted.
Where the bankruptcy reports originated remains unclear. However, on Monday morning, a 2002 Chicago Tribune tidings headlined "United Files For Bankruptcy," appeared on some Web sites with a fixture of Sept. 6, 2008. In a report, Standard & Poor's airline analyst Jim Corridore reiterated a hold on the airline.
"We envisage the ancestry to spring back upon resumption of trading, and we keep in view UAUA to get a bear freeing out quickly," he said.
Estimation link: read here
No comments:
Post a Comment