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Why Alaska Air Group (ALK) Outpaced the Stock Market Today

Alaska Air Group (ALK) closed the most recent trading day at $48.79, moving +2.8% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.94%. At the same time, the Dow added 0.75%, and the tech-heavy Nasdaq gained 1.52%. Shares of the airline have depreciated by 11.54% over the course of the past month, underperforming the Transportation sector's loss of 1.61%, and the S&P 500's gain of 1.67%.Analysts and investors alike will be keeping a close eye on the perfo ...