Previous close | 1.0000 |
Open | 1.0000 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 27.50 |
Expiry date | 2025-01-17 |
Day's range | 1.0000 - 1.0000 |
Contract range | N/A |
Volume | |
Open interest | 516 |
Shares of Alaska Air Group (ALK) are trading higher in Thursday's pre-market session — carrying gains into the market open — after the company reported first-quarter earnings that beat analyst expectations and raised its full-year profit forecast. The better-than-expected results come despite challenges the airline faced earlier in the year, including safety incidents involving Boeing's (BA) 737 Max aircraft in January. Yahoo Finance's Seana Smith and Brad Smith break down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Q1 2024 Alaska Air Group Inc Earnings Call
U.S. airlines have enjoyed a travel boom for the past three years, but until this past quarter, big-spending corporate travelers had been largely missing. The U.S. airlines that have so far released results - including Delta, United and Alaska Air - all reported a sharp rebound in flying for business purposes. On Thursday, Alaska Air said increased spending by technology companies like Amazon.com and Microsoft in the March quarter increased revenue from corporate travel to pre-pandemic levels.