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Stock impact report

Jim Cramer Considers Delta “Kind of the Biggest and Best in the Airlines” [Yahoo! Finance]

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: Yahoo! Finance
“So, what exactly is working in the consumer travel space? Why don't we start with the airlines, which have really roared from their November lows, the Jets… ETF, the best proxy for the group, is up nearly 20% from its low… three weeks ago, 20%. Delta, United, [and] American Air, they're up more than 20% over the same period… In a great note published on Sunday, Melius Research analyst Conor Cunningham pointed out that investors had been on the sidelines with the airline stocks waiting to see what kind of impact the government shutdown would have on them. And what we've seen is that the hit was much smaller than expected, with holiday travel demand also looking real good. For example, Delta, I regard that as… kind of the biggest and best in the airlines, they published an 8-K last week where they estimated that they'd taken a $200 million hit to pre-tax profit from the government shutdown. At the same time, they said, I'm going to quote here, ‘Demand remains healthy for the December Show less Read more
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