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The airline's latest news could have been better, but the stock remains at an excellent value on balance.
Delta shares tumbled 6% in midday trading Thursday, and the shares of other carriers were dragged down as well. Higher costs and low base fares send Delta's profit down 29%. The airline still ...
Data source: Delta Air Lines presentations. YoY is year over year. Bp is basis points where 100bp=1%. Why investors should warm to the update. As alluded to earlier, the trading update was very ...
Delta (DAL) expects to operate at 80% capacity of the fourth-quarter 2019 levels in the December quarter of 2021.
Airline stocks are down in what has turned out to be a bumpy start to 2024 spurred by Boeing's mid-air accident and a blocked merger. ... Delta stock fell as much as 9% last Friday despite the ...
The company also reduced its forecast for adjusted earnings per share to $1.60 for the fourth quarter, down from $1.85. Delta dipped almost 4% in premarket trading before heading into positive ...
Yet, even after the surge, shares are still down by 46% year-to-date.It is also worth noting that the rally hit turbulence on June 9 (Delta stock lost 7.5%) following a statement from the ...
The stock made an attempt to settle below the $38 level.