Alaska Air Stock Price (ALK) Hits 52 Wk High on Strong Day For Airlines (DAL, UAL)
In a remarkable surge in the aviation sector, Alaska Air Group stock (NYSE: ALK) hit a new 52-week high of $51.90, after gaining 6.3% as election results came in and ex-President Trump was re-elected. This milestone reflects an impressive 34.64% increase in its share price on a year-to-date basis, signalling confidence in the airline’s strategic direction and the broader recovery of the travel industry.
Other airlines also made strong gains on the day, with Delta (DAL) up 6.9%, and United Airlines (UAL) addition of 9.4% also seeing both reach their own respective 52 week highs.
The ascent of Alaska Air Group’s shares has been buoyed by its recent acquisition of Hawaiian Airlines. This strategic move is anticipated to bolster its…
