US0116591092 - Common Stock
The latest trading day saw Alaska Air Group (ALK) settling at $67.60, representing a +0.19% change from its previous close.
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In the closing of the recent trading day, Alaska Air Group (ALK) stood at $63.40, denoting a +1.33% change from the preceding trading day.
The first guest invited to ring the bell to open trading at the New York Stock Exchange in 1956 wasn’t a company executive, a politician or a well-known celebrity. It was a 10-year-old boy, Leonard Ross, who received the honor by winning a television quiz show. Since then, business titans, political giants and global film stars have all been among those ringing the opening bell at the NYSE.
Analysts are bullish on the airline industry going into 2025, with the major US companies fighting to build brand loyalty in a strong demand environment.
Bank of America reportedly raised its price target on the stock to $70 from $60, while keeping a ‘Buy’ rating. JPMorgan too raised its price target on Alaska Air to $85 from $58, while keeping an ‘Overweight’ rating.
ALK raises its fourth-quarter 2024 adjusted earnings per share guidance to 40-50 cents from the previously guided range of 20-40 cents.
US equity averages were flat on Tuesday as investors waited for the release of inflation data and further economic cues later this week.
Alaska Air Group (ALK) on Tuesday raised its fourth-quarter earnings guidance and outlined its long-
Alaska Air Group plans to grow profit by $1 billion and expand routes to other corners of the world, the company revealed Tuesday.
U.S. equities were slightly higher around midday ahead of a key report on consumer prices due tomorrow.
These are the stocks posting the largest moves in midday trading.
Alaska Airlines said Tuesday it will start new service to Tokyo and Seoul next year as part of a plan to boost international flights over the next several years. Alaska announced the new routes Tuesday as it raised its fourth-quarter outlook and publicized a plan to boost profit by $1 billion over three years. It said greater efficiency from combining with Hawaiian Airlines will save the company at least $500 million by 2027.
Boeing delivered 13 commercial jets in November, less than a quarter of the 56 jetliners it handed over to customers 12 months earlier.
Boeing delivered 13 commercial jets in November, less than a quarter of the 56 jetliners it handed over to customers 12 months earlier, the U.S. planemaker reported on Tuesday. Deliveries were down from 14 in October, when most of the company's aircraft production was still shut down during a seven-week-long strike that ended Nov. 5. Boeing restarted production of its best-selling 737 MAX last week, which was first reported by Reuters.