Why Is Alaska Air (ALK) Down 5.2% Since Last Earnings Report?

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 ...