Delta Air Lines Inc (DAL): Today's Featured Transportation Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. Delta Air Lines (DAL) pushed the Transportation industry lower today making it today's featured Transportation laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Delta Air Lines fell 28 cents (-1.7%) to $16 on average volume. Throughout the day, 14.9 million shares of Delta Air Lines exchanged hands as compared to its average daily volume of 13.3 million shares. The stock ranged in price between $15.82-$16.23 after having opened the day at $16.15 as compared to the previous trading day's close of $16.28. Other companies within the Transportation industry that declined today were: Ultrapetrol Bahamas (ULTR), down 13.1%, FreeSeas (FREE), down 8.2%, Danaos Corporation (DAC), down 5.4%, and Pacific Airport Group (PAC), down 4.9%.
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