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Midday Movers: Delta Air Lines, Albertson's, Domino's Pizza and More

By Liz Moyer

Investing.com -- Stocks regained early losses and soared higher after a hotter-than-expected inflation report. Here are the market movers for Oct.13:

  • Delta Air Lines Inc (NYSE:DAL) shares rose 4% after the carrier reported record third quarter revenue on strong travel demand from both business and leisure customers. It expects profit in the current quarter.

  • Albertsons Companies (NYSE:ACI) shares surged 11% on reports that it was nearing a deal to combine with grocery rival Kroger Company (NYSE:KR), whose stock fell 1.1%.

  • Domino’s Pizza Inc (NYSE:DPZ) shares jumped 10% after the pizza chain beat expectations on same-store sales, which jumped 2% in the U.S. Third-quarter revenue was also better than expected.

  • Walgreens Boots Alliance Inc (NASDAQ:WBA) shares rose 5.4% after it beat expectations for the fourth quarter, though upcoming quarters will be tough comparisons to last year, when demand for Covid vaccines helped boost results.

  • Applied Materials Inc (NASDAQ:AMAT) stock rose 4.5% after the maker of equipment to make chips said it was cutting its revenue outlook after new U.S. rules about exports to China threaten to cut into results. 

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.