DJ Alaska Air Group Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Alaska Air Group Inc. $(ALK)$ rose 1.16% to $45.53 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.87% to 5,010.60 and the Dow Jones Industrial Average rising 0.67% to 38,239.98.
This was the stock's fourth consecutive day of gains.
Alaska Air Group Inc. closed $11.65 short of its 52-week high ($57.18), which the company achieved on July 13th.
The stock underperformed when compared to some of its competitors Monday, as Southwest Airlines Co. $(LUV)$ rose 1.19% to $29.73, Delta Air Lines Inc. $(DAL)$ rose 3.05% to $49.02, and United Airlines Holdings Inc. $(UAL)$ rose 4.98% to $53.94.
Trading volume (2.6 M) eclipsed its 50-day average volume of 2.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 22, 2024.
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April 22, 2024 17:25 ET (21:25 GMT)
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