News Spotlight:- Delta Air Lines’ (NYSE:DAL)

Delta Air Lines’ (NYSE:DAL) added 0.53% to $55.36 with the total traded volume of 5836978 shares versus to an average volume of 7.98M. The stock was up in the 5 days activity 3.94%. The one month performance of stock was -2.53%. DAL shares are at -7.37% for the quarter and driving a 22.16% return over the course of the past year and is now at -1.66% since this point in 2018.  Right now DAL beta is 1.08. The average volatility for the week and month was at 2.48% 2.84% respectively.

Delta Air Lines’ (NYSE:DAL) board of directors today reported Michael Huerta as its newest member, effective immediately.  Mr. Huerta recently completed a five-year term as Administrator of the U.S. Federal Aviation Administration. As head of the FAA, he was responsible for the safety and efficiency of civil aviation in the U.S. Mr. Huerta earned a bachelor’s degree from the University of California-Riverside and a Master’s in Public Affairs with a concentration in international relations from Princeton University.

Frank Blake, Delta’s non-executive Chairman of the Board said “Michael’s deep aviation and broader transportation industry experience will be a great asset to Delta”.

Shares of Delta Air Lines, Inc. have been recently spotted trading -8.93% off of the 52-week high price. On the other end, company shares have been noted 24.15% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 44.59 – 60.79. Switching over to some distances from popular moving averages, we see that the stock has been recorded 2.70% away from the 50 day moving average and 5.54% away from the 200 day moving average. Moving closer, we can see that shares have been trading 3.01% off of the 20-day moving average.

Before being named as Administrator, Mr. Huerta served as Acting Administrator of the FAA from 2011 to 2013 and FAA Deputy Administrator from 2010 to 2011. Throughout his career, he has held key transportation industry roles in both the public and private sectors.  Before joining the FAA, Mr. Huertaa was President of the Transportation Solutions Group at Affiliated Computer Services (now Conduent), and prior to that, he held senior positions in the U.S. Department of Transportation in Washington, D.C.  Mr. Huerta served as Executive Director of the Port of San Francisco from 1989 to 1993, and was Commissioner of New York City’s Department of Ports, International Trade and Commerce from 1986 to 1989. He was recently appointed as Senior Advisor to Macquarie Capital.

Albert Cuevas

Albert Cuevas also covers the business news across all market sectors for website. He also has an enormous knowledge of stock market. He holds an MBA degree from University of Florida. Albert has more than 10 years of experience in writing financial and market news. He previously worked at a number of companies in different role including web developer, software engineer and product manager. He also covers Business news section for our site. Address: 1036 Stroop Hill Road, ELMER, New Jersey Email: Albert@newscontrol.info

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