This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Why Deutsche Lufthansa (DLAKY) Stock Is Slumping Today

NEW YORK (TheStreet) -- Shares of Deutsche Lufthansa (DLAKY) have dropped -4.18% to $19.92 as CEO Carsten Spohrhief defended the airline's plans to expand its low-cost services under new brands, after some analysts questioned the wisdom of the move, Reuters reports.

Spohr presented plans yesterday that include expanding low-cost services in Europe and possibly on intercontinental flights, as well as grounding eight planes this winter, to fight off competition from Middle Eastern and low-cost carriers.

But some analysts said that plans to extend Lufthansa's little-known Eurowings regional carrier could create additional complexity at the group and highlighted how saturated the low-cost market in Europe already was, Reuters said.

: Warren Buffett's 25 Favorite Growth Stocks

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
DLAKY $14.55 1.75%
TSLA $232.96 1.20%
YHOO $33.59 -0.65%
AAPL $118.10 -0.17%
FB $105.25 0.97%


Chart of I:DJI
DOW 17,797.19 +77.27 0.44%
S&P 500 2,091.97 +11.56 0.56%
NASDAQ 5,133.9250 +25.2590 0.49%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs