Rolls-Royce Up, United Warning Looms Over £100bn Surge
Rolls-Royce Holdings shares climbed in late London trade on Wednesday, rebounding after Tuesday’s slide. Investors looked past more complaints from airlines about jet-engine delays and kept their focus on the company’s profit guidance, which remains strong. Rolls-Royce shares were last up 1.5% at around 1,244 pence, putting its market cap near £103 billion. The stock opened flat at 1,225.20p after closing there previously, still trading under the 1,420p high for the year.