Delta Shares Surge Over 10% on Optimistic Travel Demand and Earnings Outlook
TL;DR Summary
Delta Air Lines reported better-than-expected quarterly profits, signaling a potential stabilization in travel demand amid improving economic confidence, which led to a over 10% rise in its stock price, despite lowering its full-year forecast due to ongoing economic uncertainties.
- Delta’s Stock Soars Over 10% on Signs of ‘Stabilized’ Travel Demand The New York Times
- Delta posts earnings beat, reinstates guidance; tax bill and trade deals are removing uncertainty, CEO says Yahoo Finance
- Delta shares jump 11% after airline reinstates 2025 profit outlook as CEO says bookings stabilized CNBC
- Wall Street stock indexes gain, Delta forecast boosts sentiment Reuters
- Delta Air Lines Shares Jump Despite Travel Slowdown The Wall Street Journal
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