What's the difference between the two Delta Air Lines stocks?

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What's the difference between the two Delta Air Lines stocks?

symbols: DALRQ.PK and DNTNQ.PK?????????
one is around 70 cents and the other is around 7 dollars, can anybody tell me the difference in the two?

2006-07-20 03:19:11 · 2 answers · asked by kris 2 in Business & Finance ➔ Investing

2 answers

DALRQ are the common shares of Delta Airlines. The DNTNQ are 8.125% notes that trade in the pink sheets.

2006-07-20 03:42:02 · answer #1 · answered by The Time 2 · 0⤊ 0⤋

It looks like one is common stock and the other is preferred stock. The preferred stock is worth more because the company is in Chapter 11, and preferred stock has a higher priority of payment.

2006-07-20 03:35:02 · answer #2 · answered by Ranto 7 · 0⤊ 0⤋