Alaska Air Shares Gain 13.16% in Tuesday's Trading: Here's Why
Alaska Air(ALK) ZACKS·2024-12-11 18:20Shares of Alaska Air Group, Inc. (ALK) performed exceedingly well on the bourse on Dec. 10, 2024, closing the trading session at $61.29 per share, up 13.16% from the previous day's closing. The upside was owing to the bullish financial outlook (which was boosted by rosy holiday travel demand), a share buyback announcement and upcoming growth plans, as revealed by the company at its Investor Day conference.Let’s delve deeper.ALK’s Bullish OutlookALK raises its fourth-quarter 2024 adjusted earnings per share ...