Stocks To Watch For July 7 (LCC, TSLA, DAL, ABK)

Some of the stocks that may grab investor focus today are: US Airways LCC reported a 2.9% rise in its June traffic to 5.59 billion revenue passenger miles, up from 5.43 billion revenue passenger miles in the year-ago period. LCC’s capacity also gained 2.8% y/y to 6.43 billion available seat miles. LCC’s shares gained 2.10% to $8.25 in after-hours trading. Shares of Tesla TSLA dipped 16% to close at $16.11 yesterday. TSLA is now trading below its IPO price of $17 per share. TSLA’s shares moved up 1.80% to $16.40 in pre-market trading. Delta Air Lines DAL reported a 4.2% year/year rise in its June traffic to 18.53 billion revenue passenger miles. DAL’s capacity also rose 1.5% year-over-year to 21.13 billion available seat miles. DAL’s shares rose 0.90% to $11.20 in the after-hours trading session. Ambac Financial ABK has exchanged $11.8 million in debt for equity, effectively increasing its outstanding shares by 8.6 million common stock. ABK’s shares fell 1.52% to $0.650 in after-hours trading. Read more from Benzinga's Company news.