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Tuesday's Morning Movers: DAL Lifts Guidance, LLY & DKNG Downgrades

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Delta Airlines raised revenue guidance to high-single-digit growth, boosting its shares after the airline group had been weak amid Iran-related uncertainty. Geopolitical risk around Iran continues to pressure airline stocks, while HSBC downgraded Eli Lilly, removing prior bullish conviction and creating additional downside pressure in that name.

Analysis

Delta Airlines raised revenue guidance to high-single-digit growth, boosting its shares after the airline group had been weak amid Iran-related uncertainty. Geopolitical risk around Iran continues to pressure airline stocks, while HSBC downgraded Eli Lilly, removing prior bullish conviction and creating additional downside pressure in that name.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

Ticker Sentiment

HSBC0.00
LLY-0.80