Why Shares of United Airlines Rose 23.7% in November

United Airlines (UAL -1.69%) rose by a whopping 23.7% in November, according to data from S&P Global Market Intelligence. To find the reason behind the move, you need to look no further than the U.S. presidential election. Based on the history of previous administrations, the new Trump administration is seen as one that will take a less stringent approach to merger-and-acquisition activity in the airline industry.

Why a Trump victory is good…