Shares of Delta Air Lines Inc. DAL, +0.31% inched 0.31% higher to $38.38 Wednesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX, -1.56% falling 1.56% to 3,928.86 and Dow Jones Industrial Average DJIA, -1.81% falling 1.81% to 33,296.96. This was the stock’s second consecutive day of gains. Delta Air Lines Inc. closed $7.89 below its 52-week high ($46.27), which the company achieved on April 21st.
The stock outperformed some of its competitors Wednesday, as Southwest Airlines Co. LUV, -2.00% fell 2.00% to $36.30, United Airlines Holdings Inc. UAL, -4.57% fell 4.57% to $48.86, and American Airlines Group Inc. AAL, -2.58% fell 2.58% to $16.64. Trading volume (18.6 M) eclipsed its 50-day average volume of 9.6 M.