UAL — S&P 500 index addition

United Airlines Holdings (UAL) entered the S&P 500 at the close on Oct 1, 2024, replacing Bio-Techne. The recorded announcement came 4 calendar days before the effective close, on Sep 27, 2024. The company is classified in Industrials in this dataset.

In the 30 calendar days leading into the effective close, UAL moved +22.2%. The median 30-day run-up among the 25 S&P 500 entries with a recorded announcement and prices for that interval was +16.9%; this stock was 5.3 percentage points above that median. Measured from the effective close, UAL returned 1W: +9.1% versus +0.3% for the 28-entry index median; 1M: +34.5% versus +2.2% for the 28-entry index median; 3M: +81.8% versus +5.2% for the 28-entry index median; 1Y: +74.5% versus +11.6% for the 24-entry index median. These figures do not measure movement from the announcement price.

At 1M, it ranks 1st of 28 measured S&P 500 additions and beat the benchmark by 34.9 percentage points. At 3M, it ranks 2nd of 28 measured S&P 500 additions and beat the benchmark by 79.1 percentage points. At 1Y, it ranks 3rd of 24 measured S&P 500 additions and beat the benchmark by 58.0 percentage points. The other 3 Industrials additions with a measured 1M return averaged -0.4%. This is historical context, not a projection.