Your email has been successfully added to our mailing list.

×
0 0 -0.00179372197309413 0.000896860986547066 0.00896860986547082 0.00941704035874443 0.00538116591928256 0.00717488789237669
Stock impact report

Delta: Don't Get Lost In The Negative Headlines [Seeking Alpha]

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: Seeking Alpha
SummaryDelta Air Lines has up to $10 billion in liquidity.The airline is burning cash at a rate of $60 million per day, but the worker-protection grants cut this total in half.The stock has no base case for trading down near $20.DALstock salesBerkshire HathawayBRK.Blong-term investment storyImage Source: Delta Air Lines websiteScary LossesAfter the close on Friday, Delta released that the airline wasburning $60 million in cashThe interesting part is that Delta is only losing $60 million per day with so such limited traffic. The losses amount to $1.8 billion per month, but investors need to realize the one major catch to the bear thesis here.These amounts are before the worker-protection grants in theCARES ActThe airlines might have tough decisions on October 1, but the current plan allows for Delta to keep the workforce intact for the eventual rebound. The six-month period should allow for a steep rebound in air traffic before any tough decisions need to be made.While the $60 million 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
Opt-in for DAL alerts
Opt-in for
DAL alerts

from News Quantified
Opt-in for
DAL alerts

from News Quantified