Why Is United Airlines Stock Falling on Friday? - United Airlines Holdings (NASDAQ:UAL)

United Airlines shares fell on Friday as airline stocks traded lower while oil prices rose on expectations the U.S. could resume strikes on Iran in coming weeks. The move comes as Brent crude hit $116 a barrel, its highest level since June 2022, and gained about 5% over the week for a third straight weekly advance, a backdrop that typically pressures airline margins through higher fuel costs. UAL was down 3.47% to $98.47 at publication. Broader market gauges showed the Nasdaq up 0.13%, while the S&P 500 fell 0.47% and industrials dropped 1.18%. Earlier, CEO Scott Kirby said 50% of flights would use Starlink and the full fleet would be enabled by end of next year.