Alaska Air Group Inc. Stock Outperforms Competitors On Strong Trading Day

Dow Jones10-29 05:22

DJ Alaska Air Group Inc. Stock Outperforms Competitors On Strong Trading Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Alaska Air Group Inc. $(ALK)$ advanced 3.43% to $47.10 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.27% to 5,823.52 and the Dow Jones Industrial Average rising 0.65% to 42,387.57.

The stock's rise snapped a four-day losing streak.

Alaska Air Group Inc. hit a new 52-week high, surpassing its previous peak of $46.87, which the company reached on October 16th.

The stock outperformed some of its competitors Monday, as Southwest Airlines Co. $(LUV)$ rose 2.96% to $30.30, Delta Air Lines Inc. $(DAL)$ rose 2.33% to $55.38, and United Airlines Holdings Inc. $(UAL)$ rose 1.94% to $76.09.

Trading volume (1.8 M) remained 649,412 below its 50-day average volume of 2.5 M.

Data source: Dow Jones Market Data, FactSet. Data compiled October 28, 2024.

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October 28, 2024 17:22 ET (21:22 GMT)

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