Shares of Alaska Air Group Inc. ALK inched 0.84% higher to $57.52 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.71% to 4,438.26 and the Dow Jones Industrial Average DJIA rising 1.56% to 34,912.56. The stock's rise snapped an eight-day losing streak. Alaska Air Group Inc. closed $16.73 below its 52-week high ($74.25), which the company reached on April 7th.
The stock outperformed some of its competitors Thursday, as Southwest Airlines Co. LUV rose 0.51% to $51.51, Delta Air Lines Inc. DAL rose 0.41% to $41.20, and United Airlines Holdings Inc. UAL rose 0.06% to $47.91. Trading volume (1.2 M) remained 397,448 below its 50-day average volume of 1.6 M.