Delta Jumps Into Buy Zone On Bullish Revenue Outlook At Investor Day

Shares of Delta Air Lines (DAL) burst higher Thursday, as the carrier kicked off its Investor Day with a solid 2018 forecast and a fourth-quarter outlook that included more bullish expectations for unit revenue but weaker margins.

X Delta on Thursday also official announced that it would buy 100 A321neos from Airbus (EADSY), a snub to Boeing (BA), with whom relations have cooled.

Shares of Delta jumped 3.5% to 55.50 in the stock market today, once again clearing a cup-with-handle buy point...

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