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Delta Air Line Stock Enjoys Pre-Earnings Pop as Oil Cools
Delta Air Lines Inc (DAL) stock is showing a slight uptick ahead of its fiscal first-quarter earnings report. Despite a recent quarterly loss and being down 12% from its February record high, the stock still boasts an 80.8% year-over-year lead. Options traders are currently pricing in a 9.4% move post-earnings and are largely betting on downside for the shares.