Delta Airline Discussion Response
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Delta Airlines is a publicly traded company with a share portfolio on the NYSE starting at an all-time high of $107. The stock price can steadily increase or reduce its profitability in the long term (“DAL Stock Price | Delta Air Lines Inc. Stock Quote (U.S.: NYSE) | MarketWatch,” 2022). In addition, the long-term result of the company’s financial position also shows that the stock performance gets better daily. Closing market prices for the last 30 days are listed below.
Date
Closing stock price
1
106.1
2
107.4
3
106.1
4
106.7
5
107.5
6
108.7
7
108.9
8
109.2
9
108.6
10
108.4
11
107.3
12
105.7
13
105.7
14
106.2
15
106.7
16
107.3
17
109.9
18
111.7
19
109.4
20
108.5
21
108.5
22
108.6
23
107.8
24
106.4
25
104.5
26
104.9
27
106.8
28
110.5
29
112.9
30
113.5
Difference between the closing sale and the initial sale
Interval
Frequency
Cumulative frequency
<- 7.5
1
1
7.5 to 6.5
1
2
6.5 to 5.5
13
18
5.5 to 4.5
5
10
4.5 to 3.5
3
17
3.5 to 2.5
2
13
2.5 to 1.5
2
5
1.5 to 0
1
1
From the table, none of the values are normally distributed. This shows an unusual performance of the stock market. Often the volatility of the stock is due to internal and external issues. The internal issues of a company can be leadership changes which often drive away investors (Lin & Falk, 2021). In addition, the political climate can also cause a shock in the stock market hence the right ways people handle their money. The stock’s gradual performance should indicate that when the volatility increases from one aspect to another, the outcome has the stock close at a higher price.
References
DAL Stock Price Delta Air Lines Inc. Stock Quote (U.S.: NYSE) MarketWatch. MarketWatch. (2022). Retrieved 7 September 2022, from https://www.marketwatch.com/investing/stock/DAL/news.
Lin, X., & Falk, M. (2021). Nordic stock market performance of the travel and leisure industry during the first wave of the Covid-19 pandemic. Tourism Economics, 28(5), 1240-1257. https://doi.org/10.1177/1354816621990937
