Delta Rallies on Strong Results; Levi Boosts Outlook | Stock Movers
April 8, 2026
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2:56Now PlayingDelta Rallies on Strong Results; Levi Boosts Outlook | Stock Movers
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as posted by the channelOn this episode of Stock Movers with Alexis Christoforous:
- Delta Air (DAL) shares extended their climb to as much as 14% in premarket trading, after the carrier posted adjusted profit and revenue for the first quarter that topped the average analyst estimate. Though the airline omitted full year guidance, its forecast for the current quarter is viewed as strong by analysts considering higher fuel-cost assumptions.
- Levi Strauss & Co. (LEVI) raised its projections for the year after reporting better-than-expected quarterly results, citing strong demand in all regions as the denim brand steers shoppers to its own stores and website.
- Exxon Mobil (XOM) lost 6% of its global production in the first quarter as the Iran war paralyzed oil and natural gas operations in the Persian Gulf.
Half those outages were from a liquefied natural gas complex in Qatar in which Exxon is a partner, the company said Wednesday. Two LNG production lines, or trains, at the facility were damaged by Iranian missile strikes.
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