Time for your daily dose of trending tickers, the stocks that you're tracking as measured by Yahoo Finance ticker searches. Making the list today:
Delta Airlines (DAL): The country's second largest airline is down more than five percent today on news that it will follow in American Airlines (AAL) footsteps and curtail flights between the United States and Venezuela. Delta, like American, is locked in a dispute with the Venezuelan government over revenue trapped in the South American country. Delta will cut flights by 85% effective August 1st.
Twitter (TWTR): We warned you about the link between the fortunes of Twitter's stock and the U.S. Men's soccer team but that doesn't make the drop any less painful. Twitter shares getting whacked by as much as 8% today as social media and momentum names get taken to the woodshed. After ramping 30% during the first three weeks of the Cup, Twitter topped out at $42.95 last Tuesday with millions of Americans live-Tweeting their hearts out as the U.S. lost to Belgium. It's been downhill ever since for both soccer driven traffic and Twitter shares. Investors know Twitter does big events like the World Cup well, but the jury is still out on how the company can get users engaged day to day.
Tesla Motors (TSLA): Elon Musk's electric car company down close to three percent today after a similar decline yesterday. First there was a firey crash of a stolen Tesla over the weekend raising safety concerns. This morning comes word that company is being sued in China for, of all things, trademark infringement. Chinese businessman Zhan Baosheng claims he registered the Tesla name before Musk and company came to China. Despite reports earlier this year that the issue had been resolved today, Baosheng was back in court trying to stop all Tesla Motors sales and marketing in the country.
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