Alaska Air Group, Inc. (NYSE:ALK)
January 3rd, 2019
Amidst falling markets Alaska Air Group, Inc. finished Thursday’s trading session down 5.53%, a $3.40 decrease to close on $58.12. As well as the drop in value, Alaska Air Group, Inc. hit a new 52 week low of $57.28, breaking the previous low of $57.42 from December 2018. The next earnings report is expected in approximately 20 days.
ALK was outperformed by the rest of the Industrials sector which went down only 2.96%.
Alaska Air Group, Inc. is listed on the S&P 500 index, and was one of 400 stocks that dropped today. Weighted by market cap, ALK represents about 0.03% of the S&P 500.
Forecasts from 15 analysts indicates that Alaska Air Group, Inc. might grow significantly (41%), while Finbox has calculated (with low uncertainty) a fair value price of $86.48.
The market sectors were mixed Thursday with a majority of the sectors trending down. Real Estate saw the biggest increase of the day (0.49%), while Information Technology saw the biggest drop (5.07%). Energy has seen the biggest year-to-date gain at 0.94%. The biggest loss this year has been the Information Technology sector falling 5.00%.
Real Estate saw the biggest turnaround from its 5-day performance of -1.32%, as it went up 0.49%. Financials and Consumer Discretionary experienced turn arounds from their five day positive performance, Financials with a drop of 2.28%.
- Real Estate went up with a 0.49% change.
- Utilities went up with a 0.08% change.
- Consumer Staples went down with a -0.73% change.
- Energy went down with a -1.10% change.
- Communication Services went down with a -1.45% change.
- Consumer Discretionary went down with a -2.18% change.
- Healthcare went down with a -2.22% change.
- Financials went down with a -2.28% change.
- Materials went down with a -2.76% change.
- Industrials went down with a -2.96% change.
- Information Technology went down with a -5.07% change.
Alaska Air Group, Inc. Info
Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services. It also focuses on providing ground and ramp handling services to airlines. The company operates through three segments: Mainline, Regional, and Horizon. It has a network of approximately 1,200 daily flights to 118 destinations across the United States, Mexico, Canada, and Costa Rica. The company was founded in 1932 and is based in Seattle, Washington.
All amounts in USD unless otherwise indicated
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