Coronavirus will probably destroy one of the stock market's biggest crutches [Yahoo! Finance News]
Delta Air Lines, Inc. (DAL)
Last delta air lines, inc. earnings: 4/22 07:00 am
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Source: Yahoo! Finance News
The controversial stock buyback has met its most formidable opponent perhaps ever.It’s name is coronavirus.With household name companies like Delta Air Lines, Intel and others in search of cash as the U.S. economy grinds to a complete stop amid the pandemic, numerous executives are likely wondering why they spent so lavishly to prop up their stock price by way of the mighty buyback from 2017 to 2019. Was it really worth it in hindsight to use any weakness in the market for one’s stock to call up bankers and put a bid into buy said stock into the closing bell?The resounding answer is probably hell no, especially as stock prices have cratered from their record highs inside of two months and it’s anyone’s guess when the global economy will rebound with vigor. That cash could have been used today to keep nervous workers on the payrolls during the height of the coronavirus, buy a wounded competitor to ignite strong post recession growth or support more aggressively the coronavirus relief e
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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