Delta Air Lines Stock News

1 Ideal Buy From 23 "Safer" April Dividend Dogs In 50 Fortune World's Most Admired Companies (FWMAC)

Delta stock has come under heavy selling pressure after CEO Ed Bastian sounded bullish after the company's fourth-quarter report. The post Delta Stock Nailed Ahead Of Results; JPMorgan, Wells Fargo Headline Earnings Calendar appeared first on Investor's Business Daily.

Travel stocks slumped after President Trump's latest round of tariffs fueled concerns about less spending by Americans and reduced international travel.

Airlines have been in a flat spin recently, due to macroeconomic turmoil. Certain airlines are growing despite the market outlook, and have advantages in certain areas, including valuations and efficiency. The full-year outlook is broadly unchanged for the market demand-wise, with load factors increasing YoY despite RPK decreases.

On Tuesday investment banking company Jefferies downgraded its rankings on Delta, American Airlines, Southwest Airlines, and Air Canada. This has caused airline stocks to trade significantly lower today with Delta down over 3%, Southwest Airlines down over 5%, and American Airlines down around 2.9%.

Airline stocks extended their slide on Tuesday as Wall Street grew increasingly concerned about weaker-than-expected travel demand, ongoing economic uncertainty, and the impact of looming tariffs. Investors are bracing for a difficult earnings season, with some major carriers already cutting profit forecasts.

Airline stocks slumped Tuesday after Jefferies analysts lowered their ratings for three of the four major U.S. carriers, writing “consumer sentiment continues to disappoint.”

Airline stocks traded lower Tuesday. Concerns are growing about travel demand, with a decline in spending and consumer confidence.