Delta Air Lines Inc (DAL) is trading 6% higher at $31.165 today. The price surged upwards ahead of it's Q2 earnings report.
Delta Air Lines Inc has been trading between a 52-week high of 46.27 and a 52-week low of 28.1. The stock has a market cap of $20 Billion.
Delta Air Lines is the U.S. global airline leader in safety, innovation, reliability and customer experience. Powered by its employees around the world, Delta has for a decade led the airline industry in operational excellence while maintaining its reputation for award-winning customer service.
As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:YoloAlgo - 3 upvotes -
sourceanyone gona fade this DAL LUV airline pump?
Significant-Worth-75 - 3 upvotes -
sourceA little more $DAL, I’m almost there🥵
reddituserzerosix - 3 upvotes -
sourceWow boomer DAL pumping before ER
LeoFireGod - 3 upvotes -
sourceI want to write a DD post about delta airlines DAL failing their earnings miserable but I feel like the time wouldn’t be worth it. So just buy delta puts bc that thing is going to drill
predict-irrational - 3 upvotes -
sourceIf DAL drops to 25 it will go to 20 and maybe below that. At that point, anyone who argues we are not in a recession should be banned. I think we are in a recession right now but arguing against it isn't that egregious considering jobs data, which I don't think is as strong as they are suggesting but that's beside the point.
CEO_of_SOXL - 2 upvotes -
source$DAL calls
crispytendies101 - 2 upvotes -
sourceJesus, DAL reports tomorrow and you think this earnings will have forth of July revenue included? I mean I know this generation is dumb as a two dollar bill but seriously, y’all need to lay of Tik Tok so you can start thinking straight.
sol9633 - 2 upvotes -
sourceI flew round trip from LA to Austin TX for a bachelor party in May and paid $550 round trip knowing damn well it’s typically $200ish, the flights and both airports were packed up the ass so people are clearly willing to pay the upcharge and are eager to travel, plus like OP said airline travel is not just for vacays but for business as well. If you buy weekly calls like me don’t go too far OTM, DAL has a historically low implied move during ER, +/- roughly 5%. I’m retarded fyi.
navkrishh - 2 upvotes -
sourceDAL calls from last week was a good profit today. Thinking if I should hold into earnings 07/22 32c
Beautiful_Ad9791 - 2 upvotes -
sourceOkay in on DAL puts for tomorrow. Inverse cramer dont fail now!