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Here's Why Delta Air Lines (DAL) Fell More Than Broader Market
Zacks Investment Research· 2024-03-04 23:51
In the latest market close, Delta Air Lines (DAL) reached $41.57, with a -1.4% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.12%. Meanwhile, the Dow experienced a drop of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.41%.Heading into today, shares of the airline had gained 5.45% over the past month, outpacing the Transportation sector's gain of 3.74% and the S&P 500's gain of 4.83% in that time.The investment community will be payin ...
3 Elite Blue-Chips With Market-Crushing Potential in 2024
InvestorPlace· 2024-02-29 15:13
2024 is a year full of uncertainties in the geopolitical and macroeconomic sphere. Amid these risks, elite blue-chip stocks can provide downside protection and offer substantial upside. The market is calm for now, but it is prudent to position your portfolio for the eventual volatility later this year.Looking at fundamentals, the outlook for corporate earnings continues to be solid. As recent Q4 2023 results revealed, companies beat market expectations with concrete results. According to FactSet earnings in ...
Vir Biotechnology: Making Progress In Hepatitis B And Hepatitis Delta
Seeking Alpha· 2024-02-28 04:56
peakSTOCK/iStock via Getty ImagesVir Biotechnology (NASDAQ:VIR) is developing treatments for patients with Hepatitis B (HB), Hepatitis delta (HD), Human Immunodeficiency Virus (HIV), Influenza and COVID. I wrote about the name in November 2023, rating it a buy based on an expectation of positive results from the company's ongoing work in HB and HD patients. The company also looked very cheap, with an enterprise value of over -$400M. Initial SOLSTICE data In November 2023, VIR reported the first data fro ...
Why the Market Dipped But Delta Air Lines (DAL) Gained Today
Zacks Investment Research· 2024-02-26 23:51
Delta Air Lines (DAL) closed the latest trading day at $41.79, indicating a +0.17% change from the previous session's end. The stock outpaced the S&P 500's daily loss of 0.38%. Elsewhere, the Dow saw a downswing of 0.16%, while the tech-heavy Nasdaq depreciated by 0.13%.Heading into today, shares of the airline had gained 5.27% over the past month, outpacing the Transportation sector's gain of 3.94% and the S&P 500's gain of 4.74% in that time.Market participants will be closely following the financial resu ...
Why American, Delta, And United Are Suddenly Flying To Sunny Brisbane
Forbes· 2024-02-26 19:29
A Delta Airlines Airbus A350 at Amsterdam Schiphol Airport on Tuesday 8th of August 2023. (Photo by ... [+] Robert Smith/MI News/NurPhoto via Getty Images)NurPhoto via Getty Images Delta Air Lines DAL is the latest U.S. airline to benefit from a government program of the southernmost ‘Sunshine State’—Queensland, Australia. Following the pandemic, a compelling government plan to revitalize air routes and promote more international connectivity has spurred a flurry of airlines to fly to Queensland’s capital.B ...
Delta Air Lines (DAL) Advances While Market Declines: Some Information for Investors
Zacks Investment Research· 2024-02-20 23:51
Delta Air Lines (DAL) closed the most recent trading day at $40.60, moving +1.2% from the previous trading session. This change outpaced the S&P 500's 0.6% loss on the day. Meanwhile, the Dow lost 0.17%, and the Nasdaq, a tech-heavy index, lost 0.92%.Coming into today, shares of the airline had gained 8.49% in the past month. In that same time, the Transportation sector gained 3.62%, while the S&P 500 gained 3.56%.The investment community will be closely monitoring the performance of Delta Air Lines in its ...
Labor Hero Shawn Fain Backs Flight Attendant Union At Delta Detroit Hub
Forbes· 2024-02-16 14:12
UAW President Shawn Fain and AFA President Sara Nelson walked the Delta Detroit terminal on ... [+] Wednesday..UAWOn a continuing campaign to organize Delta flight attendants, Sara Nelson enlisted Shawn Fain to join her in a stroll through a crowded Detroit airport on Wednesday afternoon, an effort to boost visibility as the union seeks signatures on union cards.“This walk is cutting through the fear cloud,” said Nelson, president of the Association of Flight Attendants, as the two top labor leaders walked ...
Delta Air Lines: A Rock Of Stability And Strong Performance
Seeking Alpha· 2024-02-16 06:02
Delta Air Lines will once again carry Team USA to the 2024 Olympics in Paris Nirian/iStock Unreleased via Getty Images The year 2024 started out with a number of significant news items that impacted the global and U.S. aviation industry. As the New Year began, a fiery accident at Japan's Tokyo Haneda airport involving two Japanese military and Japan Airlines aircraft shook an industry that has seen the rate of accidents drop as aviation becomes accessible to more and more of the world. Shortly after that, a ...
Delta(DAL) - 2023 Q4 - Annual Report
2024-02-11 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-5424 DELTA AIR LINES, INC. (Exact name of registrant as specified in its charter) Delaware 58-0218548 (State or other jurisdiction of incorporation or organization) (I.R.S. Emplo ...
Delta will launch a premium tier of lounges this year
Fox Business· 2024-02-09 18:40
Delta Air Lines announced that the first of its premium lounges will open this year for travelers on both coasts. The news comes after the company came under fire for changing its loyalty program and restricting access to its clubs late last year. Delta said the premium lounges will open at airports in New York, Boston and Los Angeles as soon as this summer and that access guidelines are still being finalized. "We want each of our guests to receive a highly personalized and dedicated level of service," Cl ...