Originally Posted by
Elvis90
What's the deal with the 5% stock drop for DAL today? I assume investors are reacting to the Boeing deal...I think it's a reasonable, conservative business decision. Most airline stocks are around 1% down today.
The problem is that "reasonable, conservative" does not apply to the stock market lately.
I've been amazed at the consistency with which our stock takes a hit every time the company makes any kind of major announcement. "We made money"... stock takes a hit. "We lost money" ... stock takes a hit. The only thing that makes the stock pop (temporarily) is "we're cutting headcount" or "we're cutting capacity"