Tuesday, 19 July 2011

Delta Contrarians Eye a Turnaround

NEW YORK—Delta Air Lines's shares swooned to a 20-month low Monday, but options traders showed conviction that the stock can rise higher over the next two months. Atlanta-based Delta's stock tumbled 35 cents, or 4.2%, to close at $8.06 after a Delta partner lowered its profit outlook and Wall ...

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