Stocks on the Move: Delta, Generac Rally While Walgreens and Lordstown Tumble
Delta Air Lines raised its full-year outlook for earnings and free cash flow, causing its shares to rise more than 3%. Generac Holdings saw a 7% jump in its shares after reporting a "dramatic increase" in sales in its Texas region due to a heat wave. Stratasys received two unsolicited buyout bids, causing its shares to shoot up nearly 8%. Walgreens Boots Alliance tumbled 9.7% after reporting a fiscal third-quarter profit that missed expectations and slashing its full-year outlook. Lordstown Motors filed for bankruptcy protection, causing its shares to slump 37%.