Alaska Airlines, a subsidiary of Alaska Air Group, Inc. (NYSE: ALK ), completed its purchase of Hawaiian Airlines (delisted) on July 18, 2024. While the U.S. Dept. of Justice recently objected to two previous airline transactions, both involving JetBlue Airways Corporation (Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own ...

Shares of Seattle, WA-based airline heavyweight Alaska Air Group (ALK) have had a good time on the bourses of late, improving in double-digits over the past 30 days. The encouraging price performance resulted in ALK outperforming its industry in the said time frame. Moreover, ALK’s price performance compares favorably with that of fellow U.S. airline operators Southwest Airlines Co. (LUV) ) and Delta Air Lines (DAL) in the same time frame.One-Month Price Comparison Image Source: Zacks Investment ResearchCur ...

Investors in Alaska Air Group, Inc. (ALK) need to pay close attention to the stock based on moves in the options market lately. That is because the Jan 17, 2025 $20 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could al ...

LOS ANGELES, CALIFORNIA - SEPTEMBER 1: An Alaska Airlines Boeing 737 MAX 9 taxis at Los Angeles ... [+] International Airport after arriving from Seattle with a JetBlue Airways Airbus in the background on September 1, 2024 in Los Angeles, California. (Photo by Kevin Carter/Getty Images)Getty ImagesAlaska Air stock (NYSE: ALK) currently trades around $40 per share, roughly 45% below its pre-inflation shock highs of around $74 seen in April 2021. ALK has fared slightly better than its peer – Southwest Airline ...

Shares of Alaska Air Group, Inc. (ALK) have improved in pre-market trading on Sept. 12, 2024.  The upside was owing to the improved third-quarter 2024 guidance revealed by the company.ALK raises its third-quarter 2024 adjusted earnings per share guidance to the range of $2.15-$2.25 from the previously guided range of $1.40 to $1.60. Improved revenue and fuel cost outlook have led to the encouraging earnings per share (EPS) forecast.Alaska Air has witnessed upbeat air travel demand during the summer season, ...

Alaska Air Group (ALK) closed the latest trading day at $39.80, indicating no change from the previous session's end. This change lagged the S&P 500's 0.45% gain on the day. Meanwhile, the Dow lost 0.23%, and the Nasdaq, a tech-heavy index, added 0.84%.The airline's stock has climbed by 15.06% in the past month, exceeding the Transportation sector's gain of 2.83% and the S&P 500's gain of 2.54%.Investors will be eagerly watching for the performance of Alaska Air Group in its upcoming earnings disclosure. Th ...

Shares of Seattle, WA-based airline heavyweight Alaska Air Group, Inc. (ALK) have not had a good time on the bourses of late, declining in double-digits over the past 90 days. The disappointing price performance resulted in ALK underperforming its industry in the said time frame as well as the S&P 500, of which the airline is a key member. However, ALK’s price performance compares favorably with that of fellow U.S. airline operators United Airlines (UAL) and Delta Air Lines (DAL) in the same time frame.Thre ...

Alaska Air Group (ALK) closed at $35.28 in the latest trading session, marking a -1.23% move from the prior day. This move lagged the S&P 500's daily loss of 0.32%. Elsewhere, the Dow gained 0.16%, while the tech-heavy Nasdaq lost 0.85%.Shares of the airline witnessed a loss of 9.48% over the previous month, trailing the performance of the Transportation sector with its loss of 1.39% and the S&P 500's gain of 1.52%.Investors will be eagerly watching for the performance of Alaska Air Group in its upcoming ea ...

Alaska Air Group Inc (NYSE:ALK) and Hawaiian Holdings, Inc. (NASDAQ:HA) are moving in different directions this morning after their ongoing acquisition talks cleared the U.S. Justice Department. The U.S. Transportation Department now must approve the $1.9 billion deal, which would result in the largest merger of carriers the country has seen since Alaska and Virgin America eight years ago.Hawaiian stock is taking flight, up 11.6% at $17.72 at last glance and trading at its highest level in more than years. ...

A month has gone by since the last earnings report for Alaska Air Group (ALK) . Shares have lost about 5.2% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Alaska Air due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. Earnings Beat at Alaska Air in Q2Alaska Air repor ...