Reported about 5 hours ago
Delta Air Lines' stock fell sharply on Monday after the airline reduced its sales and profit outlook for the first quarter, citing economic uncertainty affecting demand for U.S. travel. The company revised its revenue growth expectations down from 7-9% to 3-4% and earnings per share from 70 cents to a range of 30-50 cents. CEO Ed Bastian noted that reduced consumer and corporate confidence has led to weaker domestic demand.
Source: YAHOO