Why Are Airline Stocks Down Today?

For investors in a range of airline stocks, it has been a tough trading day. Indeed, shares of Delta Air Lines (NYSE:DAL), United Airlines (NASDAQ:UAL) and American Airlines (NASDAQ:AAL) are all trading lower today after Delta reported earnings that rubbed investors the wrong way.The company did report adjusted EPS and revenue that exceeded expectations by a healthy margin. Delta’s $1.28 per share of adjusted EPS beat expectations of $1.17. Meanwhile, revenue of $13.66 billion came in higher than the $13.52 ...