United Airlines Scraps Ticket Change Fees and Apple’s Upcoming Stock Split
The customer is always right. For United Airlines, that means permanently scrapping fees to change domestic flights. Travel demand has taken a beating since the pandemic began and one of the ways that United Airlines intends on attracting customers is through more flexible policies such as this one.
This announcement comes at a time where airlines are trying to find new ways to reinvigorate their businesses. This summer, Transportation Security Administration screenings at U.S airports are down 70% from last year’s levels.
As the peak travel season comes to an end, it will be interesting to see what these airlines do attract customers during these unprecedented times.
Apple stock price will open around 75% lower on Monday morning following the fifth stock split in the company’s history. As a result of the split, Apple shareholders will own four shares of Apple for every one they held prior.
This is not the first time Apple has issued a stock split in hopes of making its shares “more accessible to a broader base of investors”. In fact, if Apple stock hadn’t already split four times in the past, their current share price would be roughly $28,000 a share.
For many investors, it seems like Apple stock is more digestible in slices rather than as a whole.
I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.