Delta Airlines Shares Climb Past $61.97 Amid $78.75M Settlement as Trading Volume Ranks 293rd in Market Activity

Generated by AI AgentAinvest Volume Radar
Thursday, Aug 28, 2025 7:07 pm ET1min read
DAL--
Aime RobotAime Summary

- Delta Air Lines shares rose 1.16% to $61.97 on August 28, 2025, with $0.36B trading volume ranking 293rd in market activity.

- The airline settled a $78.75M class-action lawsuit over its 2020 Los Angeles fuel dump incident, addressing passenger claims and reducing long-term legal risks.

- Delta confirmed participation in a September 11 Morgan Stanley conference to discuss post-pandemic recovery strategies and cost management for investors.

On August 28, 2025, Delta Air LinesDAL-- (DAL) closed with a 1.16% gain, reaching $61.97, with a trading volume of $0.36 billion, ranking 293rd in market activity for the day.

The airline announced a $78.75 million settlement to resolve a class-action lawsuit related to a 2020 fuel dump incident in Los Angeles. The resolution addresses claims from passengers affected by the environmental and operational disruption, signaling a strategic move to mitigate long-term legal risks.

Delta also confirmed its participation in a fireside chat at the Morgan StanleyMS-- Laguna Conference on September 11, 2025. The session, scheduled for 10:45 a.m. ET, is expected to provide insights into the company’s operational strategy and market positioning, offering investors clarity on its post-pandemic recovery plans and cost management initiatives.

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