NYSE:ALKAirlines
Alaska Air Group (ALK): Reassessing Valuation After Q4 Guidance Cut and Operational Disruptions
Alaska Air Group (ALK) just slashed its Q4 earnings outlook after a rough stretch that combined an internal IT outage, government driven flight cancellations, and higher fuel costs, forcing investors to reassess near term expectations.
See our latest analysis for Alaska Air Group.
Even with the guidance cut, the stock has bounced hard in the near term, with a 7 day share price return of 15.84 percent and a 3 year total shareholder return of 11.42 percent. This suggests momentum is cautiously...