DAL doesn't look promising, technically. But the U.S. Treasury will receive warrants to purchase over 6.5 million shares at a strike price of $24.39 with a 5-year maturity. Eligibility for $4.6 billion in secured loans, if the company chooses to apply and accept funds. Co has reduced its daily cash burn to $50 mln from $100 mln at the end of March.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.