Strength Seen in Alaska Air (ALK): Can Its 13.2% Jump Turn into More Strength?

Alaska Air Group (ALK) shares rallied 13.2% in the last trading session to close at $61.29. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 4.5% gain over the past four weeks.The uptick was owing to the bullish guiance given by the company for fourth-quarter 2024 on strong holiday travel demand. The airline registered its biggest one-day gain in more than four years. ALK  now expects to report fourth-quarter ...