Delta Air Lines Higher After Q3 Beat


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Delta Air Lines, Inc. (NYSE:DAL) shares are trading higher by 50 cents at $53.20 in Wednesday's session.

Before the open, the company posted quarterly adjusted earnings of $1.57 per share on revenue of $11.1 billion. Analysts expected earnings of $1.53 per share on revenue of $11.03 billion.

For the most part, Delta's stock has traded around the parameters from Tuesday's session. On the downside the stock has found support just above Wednesday's low ($52.47) as $52.50 stands as the low for the session.

On the upside, the stock has found resistance just above Tuesday's high ($53.71) as $53.97 stands as the high for the session as of 11:00 a.m. EST.


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Posted In: TechnicalsIntraday UpdateMoversTrading Ideas