DJ Alaska Air Group Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Alaska Air Group Inc. $(ALK)$ slipped 1.95% to $42.18 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.23% to 37,903.29 and the S&P 500 Index falling 0.34% to 5,018.39.
This was the stock's second consecutive day of losses.
Alaska Air Group Inc. closed $15.00 short of its 52-week high ($57.18), which the company reached on July 13th.
The stock underperformed when compared to some of its competitors Wednesday, as Southwest Airlines Co. $(LUV)$ fell 1.04% to $25.67, Delta Air Lines Inc. $(DAL)$ fell 0.10% to $50.02, and United Airlines Holdings Inc. $(UAL)$ fell 1.54% to $50.67.
Trading volume (1.7 M) remained 700,780 below its 50-day average volume of 2.4 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 1, 2024.
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(END) Dow Jones Newswires
May 01, 2024 17:25 ET (21:25 GMT)
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