Buffett's Berkshire Hathaway Offloads Shares of Delta [TheStreet.com]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
Check Earnings Report
US:NYSE Investor Relations:
ir.delta.com
Company Research
Source: TheStreet.com
Less than a month after making a contrarian bet by buying Delta Air Lines(DALGet ReportBRK.ABRK.BAccording to a Securities and Exchange Commission filing on Friday, the famed value investor’s conglomerate sold a chunk of its approximately 11% stake in Delta – shedding roughly one-fifth of its stake, or approximately $390 million.The company also sold a smaller stake in Southwest AirlinesLUVThe sales mark a surprisingly rapid about-face for Buffett, who just a month ago grabbed headlines when his conglomerate boosted its stake in Delta as shares of airlines both in the U.S. and abroad were posting unprecedented price declines amid the coronavirus-induced stock market rout.Indeed, in early March, Berkshire acquired more than 976,000 shares for about $45.3 million, or an average price of $46.40, according to a previous SEC filing. That followed Delta and other carriers shedding about 20% of their value at the time.Since then, however, airlines and virtually all other sectors of the econo
Show less
Read more
Impact Snapshot
Event Time:
DAL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
DAL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
DAL alerts
High impacting Delta Air Lines, Inc. news events
Weekly update
A roundup of the hottest topics
DAL
News
- Delta resumes flights at Detroit after brief halt [Yahoo! Finance Canada]Yahoo! Finance Canada
- Delta initiates ground stop for Detroit Metro Airport flights [USA TODAY]USA TODAY
- Delta initiates ground stop for Detroit Metro Airport flights [USA TODAY]USA TODAY
- Ground stop issued for Delta flights at Detroit Metro Airport due to network outage [CBS News]CBS News
- A New York to Scotland flight got all the way across the Atlantic before an air traffic control problem forced a diversion to Ireland [Business Insider]Business Insider
DAL
Earnings
- 10/9/25 - Beat
DAL
Sec Filings
- 12/3/25 - Form 8-K
- 11/14/25 - Form 13F-HR
- 10/23/25 - Form 4
- DAL's page on the SEC website