Delta Air shares slump, Continental, American, US Airways, United follow.
Despite the Dow moving up, largely on Obama-bailout hopes, Delta Airlines shares lost 20.1% of their value in one day yesterday, as the Wall Street Casino returned to full functioning following a temporary lull over the Christmas and New Year break. [952 words]
Unlock the following content in this report:
- How good is Delta really looking? Where is the US heading?
- Is the US industry suddenly looking fragile?
Graphs and data:
- North America selected airlines daily share price movements (% change): 27-Jan-09
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