United Airlines Stock Declines After Recent FAA Crackdown

United Airlines' share price dropped by more than 4% today following the news that the Federal Aviation Administration (FAA) would be "increasing its oversight" of the airline. Towards the end of last week, the carrier's share price had stabilized at around $46, but when the markets opened on Monday morning, they plummeted to a low of $43, before rising again slightly throughout the day to just over $44.

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