Why Alaska Air Stock Surged 15% Higher This Week
Alaska Air(ALK) The Motley Fool·2024-12-13 23:55A business update was the main news powering Alaska Air(ALK -1.34%) stock to a double-digit gain over the past few trading days. During the week, the carrier's shares rose by just over 15% in price, according to data compiled by S&P Global Market Intelligence.Accelerating into the futureOn Tuesday, Alaska unveiled its "Alaska Accelerate" three-year plan to make the airline conglomerate a more important player in the industry. The announcement came not long after the company closed its $1.9 billion acquisiti ...