Post by
Tempo1 on Jan 10, 2025 7:38am
US airlines are in fire
DAL and UAL up 5% to 8% in the pre market.
They already pass theirs all time heights (2019).
AC can't stay at 22$. By market cap, its adjusted all time height is 38$.
An adjustment have to be done.
It cannot remain so far behind the performances of his peers.
Comment by
DrInvestor on Jan 10, 2025 10:07am
DAL is up 9%...AC is down! Complete non-sense.
Comment by
Tempo1 on Jan 10, 2025 10:11am
Bizarre day. Oil is up 3$, DAL is up 8%, others 3% and Ac is down at 21,60$. Some day, things will have to be balanced..
Comment by
Nordico on Jan 10, 2025 2:47pm
I'm expecting this will surge around Q4 ER day in 5 weeks (as evidenced by Delta's earnings); until then we are just getting more cheap buybacks as AC is on track to continue buying back over 500k shares daily all the way up to ER day.