Huge Cash Burn And Stock Down 55%: Can Delta Recover?
- Friday, June 26, 2020, 7:14
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Delta Airlines’ operations are at a standstill as the Covid-19 pandemic continues its course. The company’s stock has taken a massive beating, falling nearly 55% this year (as of June 24). Facing nearly $100 million a day burn at its peak, its Q1 2020 revenue dropped 18%. But the real impact will…
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