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:) shares rose 4% after the carrier reported record on strong travel demand from both business and leisure customers. It expects profit in the current quarter.

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

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

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

• Applied Materials Inc (NASDAQ:) 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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