A solid beat and raise was accompanied by a buyback announcement.
Shares of major airline United Airlines (UAL 1.94%) rallied 13.2% on Wednesday as of 2 p.m. ET.
United reported third-quarter earnings last night. Not only did those earnings surprise to the upside, but management also made news by announcing the company’s first buyback plan since before the pandemic.
Kissing COVID goodbye
In the third quarter, United delivered $14.8 billion…
