Movement Alert｜Delta Air Lines Rises 3.21% in Regular Trading, Goldman Sachs Retains Stock on September Conviction List as Airline Sector Rallies

On September 2, Delta Air Lines rose 3.21% in regular trading, trading at $78.7/share, with turnover of $77.74 million.

On the news front, Goldman Sachs updated its September Conviction List, retaining Delta Air Lines alongside core picks such as Microsoft, UnitedHealth, and Wells Fargo, signaling continued confidence in the company's medium- to long-term value. The broader airline sector rallied in tandem, with United Airlines up 4.51%, JetBlue Airways up 4.25%, Southwest Airlines up 3.11%, and American Airlines up 2.39%, amplifying bullish sentiment across the group.

Beyond the Goldman Sachs endorsement, Delta Air Lines has benefited from several positive developments in recent weeks. Berkshire Hathaway disclosed a 44% increase in its Delta stake to 57.3 million shares. The company has also been aggressively expanding its international network, announcing new routes to Paris, Tokyo Narita, Riyadh, and resuming Tel Aviv service. Meanwhile, a U.S. appeals court ruled in favor of Delta, preserving its joint venture with Aeromexico. However, the company's H1 net profit of $1.315 billion represented a 44.51% year-over-year decline, a factor that may temper the outlook.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)