What's Going On With Delta Air Lines (DAL) Shares
Portfolio Pulse from Henry Khederian
Delta Air Lines (DAL) shares are trading lower after Southwest Airlines reported mixed Q2 results, including a decrease in earnings and an increase in sales. Southwest's CEO stated that while the company's network is mostly restored, it still needs optimization. DAL's 52-week high is $49.81 and its 52-week low is $27.20.
July 27, 2023 | 2:41 pm
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Delta Air Lines shares are trading lower following Southwest's mixed Q2 results. The company's network restoration is still in progress.
Delta Air Lines shares are trading lower likely due to the mixed Q2 results reported by Southwest Airlines. This could be a sector-wide reaction, as investors may be concerned about the overall health of the airline industry. The ongoing network restoration at Southwest could also be impacting Delta, as it indicates continued challenges in the industry.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100