Delta Air Rallies on Strong Results; Levi Boosts Outlook; Exxon Lost 6% of Its Global Output
On this episode of Stock Movers: - Delta Air (DAL) shares extended their climb to as much as 14% in premarket trading, after the carrier posted adjusted profit and revenue for the first quarter that topped the average analyst estimate. Though the airline omitted full year guidance, its forecast for the current quarter is viewed as strong by analysts considering higher fuel-cost assumptions. - Levi Strauss & Co. (LEVI) raised its projections for the year after reporting better-than-expected quarterly results, citing strong demand in all regions as the denim brand steers shoppers to its own…
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