Update: United Continental Holdings (UAL)

United Continental Holdings (UAL) reported their Q3-2017 financial performance yesterday and Wall Street Analysts did not like what they heard. Day traders, momentum traders, and scalpers did not like what they heard either. The shares closed Wednesday at $67.99. By time management got finished talking the stock was down about $4.00, but the selling was not over. By the end of the day, the shares were down $8.21 closing at $58.78. The real question here is, "was the selloff warranted?"

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