Originally Posted by
DrMilano
DAL is down over 16% for the past month, as I would be interested in the past 2 weeks. 5 days its down 5.71%. Did the recent stock slide have anything to do with the announced "rollback"?
News broke of the program changes on September 13, so measuring since close of business on September 12 against peers would tell you if the announcement has had anything to do with stock performance.
DAL - Down 4.06%
UAL - Down 3.23%
AAL - Down 4.21%
ALK - Down 4.48%
In conclusion, the program changes have had no impact on stock performance since performance is in line with peers.