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ALK Oct 2024 50.000 call

OPR - OPR Delayed price. Currency in USD
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0.3500-0.0500 (-12.50%)
As of 09:30AM EDT. Market open.
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Previous close0.4000
Expiry date2024-10-18
Day's range0.3500 - 0.3500
Contract rangeN/A
Open interest355
  • Yahoo Finance Video

    Low cost airlines struggling. What consumers are making of it

    As peak summer travel is underway, one sector in focus is the airline industry. United Airlines (UAL) revealed mixed second quarter earnings results after Wednesday's market close, the airline operator ultimately disappointing on its third quarter earnings guidance. UAL stock is up nearly 6% in the last five trading days and has seen over 17% in year-to-date gains. Alaska Airlines (AAL) stock is falling Thursday morning following its second quarter earnings, disclosing full-year profit forecasts also below expectations. TD Cowen vice president of equity research Tom Fitzgerald joins Morning Brief to give insight into the airline industry and why select airlines seem to be having more success over others this summer. Fitzgerald points out why the "no frills" airlines are having a tough time, which may lead to them raising their prices and creating opportunities for larger operators like United. "The game changed a lot. I mean United has talked about this a great deal. We've written about it a lot, but the cost convergence is just the low cost carriers, the ultra low cost carriers, they're just at such a disadvantaged point from competitive wise, and... think people coming out of the pandemic are much more willing to pay for a more pleasant onboard experience, to pay for a more reliable product, to earn loyalty or to earn miles in an airline where they can redeem to go to Europe or something versus just another low cost, leisure, no-frills carrier." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Nicholas Jacobino

  • Zacks

    Airline Stock Roundup: UAL & ALK Beat on Q2 Earnings, SAVE Tweaks View

    United Airlines (UAL) and Alaska Air (ALK) give lackluster EPS guidance for the third quarter of 2024.

  • Zacks

    Alaska Air (ALK) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

    The headline numbers for Alaska Air (ALK) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.