Alaska Airlines has requested the grounding of its flights at all airports on Thursday evening due to an unspecified tech-related issue, according to a U.S. Federal Aviation Administration advisory.
Alaska Air Group (ALK) closed the most recent trading day at $48.27, moving +2.22% from the previous trading session.
Alaska Airlines stock has dropped following a Q3 profit warning now trading at a significant discount to peers and historical valuation. ALK's Q3 earnings are expected to be at the low end of guidance due to higher fuel prices and an IT outage, but full-year outlook remains unchanged. Despite downward revisions to EBITDA and cash flow, ALK's strong management and remaining share repurchase authority support a bullish outlook.
ALK, CNX and MPLX have been added to the Zacks Rank #5 (Strong Sell) List on October 9, 2025.
Alaska Air Group (ALK) concluded the recent trading session at $49, signifying a +1.11% move from its prior day's close.
Alaska Air Group (ALK) closed at $48.5 in the latest trading session, marking a -2.57% move from the prior day.
The latest lounge initiative in San Diego is expected to attract more customers and strengthen ALK's competitive position in the area.
Alaska Air (NYSE: ALK) has experienced a challenging year, with its price declining by 15% and notably lagging behind both the S&P 500's 15% increase and its competitors. This downturn can be attributed to multiple factors that have raised costs and adversely affected profitability.
Alaska Air Group (NYSE:ALK) reduced its third-quarter earnings guidance on Monday, citing elevated fuel costs and operational challenges during the summer, which included weather and air traffic control issues. The air carrier said it now expects its adjusted earnings per share for the quarter to come in at the low end of its previous $1.00 to $1.40 forecast.
Alaska Air Group Inc (NYSE:ALK) stock is up 1.8% to trade at $65.04, after UBS upgraded the Washington-based airliner to "buy" from "neutral" with a price-target hike to $90 from $56, citing the company's initiatives moving forward.
Alaska Air (ALK) reported earnings 30 days ago. What's next for the stock?
Alaska wants to make the Pacific Northwest hub a more global gateway. Delta has already done that, and now it's matching some of Alaska's new flights.