Company Of The Day: Alaska Air Group
What?
Alaska Air Group (NYSE:ALK) lowered its Q3 2021 guidance, noting that it expects revenues to drop between 19% and 21% compared to Q3 2019, versus its earlier guidance of a 17% to 20% drop.
Why?
- Should You Pick Alaska Airlines Stock At $45 After Q1 Beat?
- Should You Pick Alaska Air Stock At $37 After Q4 Beat?
- Will Alaska Air Stock Rebound To Its Pre-Inflation Shock Highs of $70?
- What’s Next For Alaska Air Stock After A 24% Fall This Year And A Downbeat Q3?
- Which Is A Better Pick – Alaska Air Or UAL Stock?
- What’s In The Cards For Alaska Air’s Q2?
The company cited worsening booking trends considering the surge in Covid-19 cases rise since its last guidance was released.
So What?
Alaska Air stock declined by just about 1.5% in Friday’s trading as investors were likely already anticipating the headwinds.
See Our Complete Analysis For Alaska Air
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