Delta Airlines Rises on Upbeat Outlook, Crowdstrike Drops, McDonald's Ticks Up
On this episode of Stock Movers:- Delta (DAL) reinstated a profit outlook for the year and said travelers are coming back, prompting its stock to surge amid a fresh sense of confidence in the beaten-down US consumer. The carrier expects an adjusted profit of $5.25 to $6.25 a share this year, according to a statement on Thursday as Delta reported better-than-expected second-quarter results. Delta’s projections sent its shares up about 12%, their highest level in more than three months, and pulled up rival airlines.Travel in the US is recovering after approval of US President Donald…
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