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2 Airline Stocks to Watch After Merger Update
ALKAlaska Air(ALK) Schaeffers Investment Research·2024-08-20 14:29

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. ...