DJ Alaska Air Group Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Alaska Air Group Inc. $(ALK)$ slid 0.34% to $43.60 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.27% to 5,307.01 and Dow Jones Industrial Average falling 0.51% to 39,671.04.
This was the stock's second consecutive day of losses.
Alaska Air Group Inc. closed $13.58 short of its 52-week high ($57.18), which the company reached on July 13th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Southwest Airlines Co. $(LUV)$ fell 0.32% to $27.88, Delta Air Lines Inc. $(DAL)$ fell 1.24% to $51.58, and United Airlines Holdings Inc. $(UAL)$ fell 1.15% to $52.42.
Trading volume (1.1 M) remained 1.1 million below its 50-day average volume of 2.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 22, 2024.
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(END) Dow Jones Newswires
May 22, 2024 17:25 ET (21:25 GMT)
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